Two wind companies under investigation
Cuomo's office is investigating First Wind of Newton, Mass., and Noble Environmental Power LL of Essex, Conn., on possible charges of anti-competitive practices, bribery of public officials and questionable deals with landowners, The Wall Street Journal reported.
First Wind is currently operating one wind farm in New York. Among the 48 projects it has in development four are slated for New York state, the Journal reported.
Noble Environmental is developing five projects in New York, Cuomo said.
Cuomo praised "all renewable energy sources," but said the companies must still abide by the rules.
"If dirty tricks are used to facilitate even clean-energy projects, my office will put a stop to it," Cuomo said.
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Hydro One deal to buy Avista receives U.S. antitrust clearance
TORONTO - Hydro One Ltd. says it has received antitrust clearance in the United States for its deal to acquire U.S. energy company Avista Corp.
The Ontario-based utility says the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired Thursday night.
Hydro One announced the friendly deal to acquire Avista last summer in an agreement that valued the company at $6.7 billion.
The deal still requires several other approvals, including those from utility commissions in Washington, Idaho, Oregon, Montana and Alaska.
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The U.S. Federal Communications Commission must also sign off on the transaction and clearance is required by the Committee on Foreign Investment…
