UPDATE 1-U.S. utility groups Avangrid and PPL hold merger talks -FT

U.S. utility companies Avangrid Inc and PPL Corporation are in talks to combine their business, the Financial Times reported, citing people familiar with the matter. The report said https://www.ft.com/content/06dbb574-ec71-11e9-a240-3b065ef5fc55 it was unclear whether a deal would include an investment from Spanish utility Iberdrola, the world’s biggest wind power producer, which owns more than 80% of Avangrid. …read more

Source:: Yahoo Finance

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