New Mexico utility to offer Internet gateway service through meters

Public Service Co. of New Mexico (NYSE:PNM) said Tuesday the investment is being made by its Avistar Inc. subsidiary.

BANGOR, MAINE, Dec. 19, 2000–The merger of Bangor Hydro-Electric Company and Emera Inc. cleared a major hurdle earlier than expected Monday, when the Maine Public Utilities Commission approved the transaction. The deal will see Emera acquire all of the outstanding common stock of Bangor Hydro for U.S.$205 million, and was approved by BGR shareholders in October.

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