Iberdrola SA officially closed on its $4.5 billion acquisition of Energy East Corp. Tuesday, giving the Spanish utility 1.7 million gas and electric accounts in upstate New York.
Lawyers for Iberdrola filed a one-page letter with the Federal Energy Regulatory Commission notifying the agency that the deal had been completed.
Energy East, based in Maine, owns New York State Electric & Gas and Rochester Gas & Electric, two Rochester-based utilities. NYSEG has customers in the Capital Region.
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