History
NU was formed on July 1, 1966, with the merger of Connecticut Light and Power Company (CL&P), Western Massachusetts Electric Company (WMECO), and The Hartford Electric Light Company under a single parent company, creating the first new multi-state public utility holding company since the enactment of the Public Utility Holding Company Act of 1935. In 1967, Holyoke Water Power Company (HWP) joined the NU System, followed by the Public Service Company of New Hampshire (PSNH) in 1992.
In October 2010, Northeast Utilities announced that it would merge with NSTAR, with the resulting company retaining the Northeast Utilities name. The deal is subject to regulatory approval.
Read more about this topic: Northeast Utilities
Famous quotes containing the word history:
“Indeed, the Englishman’s history of New England commences only when it ceases to be New France.”
—Henry David Thoreau (1817–1862)
“The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.”
—Walter Bagehot (1826–1877)
“To a surprising extent the war-lords in shining armour, the apostles of the martial virtues, tend not to die fighting when the time comes. History is full of ignominious getaways by the great and famous.”
—George Orwell (1903–1950)