Tag: merger

Electric Utility

Tesla-SolarCity Merger ‘Overwhelmingly Approved’

November 21, 2016

Via: Greentech Media

In August, board members approved Tesla’s bid to acquire SolarCity in an all-stock transition worth $2.6 billion. Today, Tesla’s shareholders “overwhelmingly approved” the purchase, which paves the way for the two companies to offer an integrated solar roof plus energy […]

Electric Utility, Other Utilities

Utilities scrap merger plans after Hawaii PUC rejects proposal

July 18, 2016

Via: AmericanPublicPower

Florida-based NextEra Energy and Hawaiian Electric Industries on July 18 scrapped their plans to merge after the Hawaii Public Utilities Commission rejected the proposed merger at the end of last week. The PUC on July 15 cited the lack of […]