Three Northeast ISOs to examine regional market

The New York Independent System Operator (ISO), ISO New England, and the Ontario Independent Electric Market Operator (IMO)agreed last year to address areas of mutual interest, especially the issue of broader and more seamless markets.

WESTBOROUGH, Mass. and SYRACUSE, N.Y., Sept. 5, 2000–National Grid Group plc and Niagara Mohawk Holdings Inc. have signed a merger agreement under which National Grid will acquire Niagara Mohawk through the formation of a new National Grid holding company, New National Grid, and the exchange of Niagara Mohawk shares for a combination of American Depositary Shares (ADSs) and cash.

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