Connecticut regulators raise roadblocks to Iberdrola takeover of UIL

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Slamming the brakes on Ibredrola’s latest U.S. expansion effort, Connecticut regulators issued a draft decision Tuesday rejecting the Spanish company’s $3 billion bid to acquire UIL Holdings Corp., saying Iberdrola has a “mixed” record…
source: http://www.theenergydaily.com/publications/ed/12745.html