Posted on Feb 28, 2006 in
Regas Terminals & Capacity,
State and Local Issues |
Comments Off on British Utility to Buy KeySpan
Today’s Providence Journal reports that the British company National Grid PLC plans to purchase KeySpan Corp. for $7.3 billion. In doing so, National Grid will acquire KeySpan’s LNG storage tank at Fields Point in Providence; if this deal and another for New England Gas Co. both go through, National Grid also will own a 42 acre parcel adjacent to the tank. Michael E....