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News Stories: Mergers & Acquisitions

February 23, 2026
Washington

Portland General Electric Announces Acquisition of Washington State Utility Operations and Select Assets from PacifiCorp

On February 17, 2026 Portland General Electric Company announced an agreement to acquire select Washington state generation, transmission and electric utility operations…

February 6, 2026
Texas

Blackstone Infrastructure Acquisition of TNMP Approved by PUCT

The Public Utility Commission of Texas (PUCT) issued an order approving the unanimous settlement filed in the application by Texas-New Mexico Power Company (TNMP) for…

December 11, 2025
Texas

Joint Settlement Reached In TNMP & Blackstone Acquisition

Parties filed a stipulation settlement of the issues raised in the Joint Report and Application of Texas-New Mexico Power Company and Troy ParentCo LLC for Regulatory…

October 17, 2024
Connecticut

Notice Of Proceeding Filed In AG And Consumer Counsel’s Petition For Review Proposed Acquisition By Iberdrola Of Outstanding Shares Of Avangrid

From Notice: On September 16, 2024, the Attorney General and the Consumer Counsel for the State of Connecticut jointly petitioned (Petition) the Public Utilities…

September 30, 2024
District of Columbia

DC Government and AltaGas File Update on Settlement Regarding Penalty Issue in Merger of AltaGas and Washington Gas

From Letter: “On behalf of the District of Columbia Government (DCG) and AltaGas Ltd. (AltaGas or the Company) (collectively, the Parties), the purpose of this…

September 18, 2024
Maine

Schedule Set In Unitil Purchase of Bangor

As background, Unitil agreed to purchase Bangor for $70.9 million in 07/24, and if approved, expects the deal to be completed by the end of Q1 2025. Bangor’s ~8,500…

August 13, 2024
District of Columbia

DC Government And AltaGas File Response To PSC With Update On Settlement Negotiations 

On behalf of the District of Columbia Government (DCG) and AltaGas Ltd. (AltaGas or the Company) (collectively, the Parties), file a Letter stating that the purpose of…

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