Minn. PUC Delays Primergy Vote

Fortnightly Magazine - June 1 1997
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EEI Annual Meeting 2024 - June 18-20

The Minnesota Public Utilities Commission has said it will postpone a decision for two months on whether to approve the proposed merger of Northern States Power Co. and Wisconsin Energy Corp. to form "Primergy."

The PUC may not decide the matter until as late as August. A sunset clause kicks in just three months after that time, which would allow the utilities to back out of the deal.

Possible reasons for the delay include allegations of improper contacts between Daniel Eastman, a commissioner with the Wisconsin Public Service Commission and executives at Wisconsin Energy, allegedly including Richard Abdoo.

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