Six western electric utilities want to merge transmissions into single company

PORTLAND, Ore., Oct. 17, 2000 (The Oregonian)–Six Western electric utilities want to consolidate their high-voltage transmission holdings into a single company as part of a plan to meet federal requirements governing the deregulation of electricity markets.

Oct. 17, 2000–Spain’s Endesa SA and Iberdrola SA reported Tuesday they have reached an agreed to merge, creating the world’s largest electricity utility in number of customers, the fifth largest based on enterprise value, and fourth largest in terms of installed capacity.

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