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Conn. to review utility merger

By Erin Ailworth

 |  Globe Staff  

  January 04, 2012

Connecticut regulators today said they will launch a review of the proposed merger between Boston’s NStar and Hartford-based Northeast Utilities, a move that reverses and earlier ruling and could jeopardize the plan to create a $17.5 billion combined company.In a draft decision, expected to be finalized in two weeks, the Connecticut Public Utilities Regulatory Authority said it would reassert authority over the merger in part because of concerns that Massachusetts officials could impose conditions, such as buying power from Cape Wind, that would affect Connecticut customers.

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