PURA preliminarily denies $1.1B CT Water deal

State regulators on Monday preliminarily denied a California company’s $1.1 billion proposed acquisition of Connecticut Water Service Inc. and its three subsidiaries, adding a new wrinkle to a deal that’s been filled with starts, stops and plenty of drama. PURA said its decision is not yet final and could change. It will consider arguments from SJW and other parties before issuing a final decision Dec. 12.


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