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Shumlin reiterates support for GMP, CVPS merger - WCAX.COM Local Vermont News, Weather and Sports-

Shumlin reiterates support for GMP, CVPS merger

Halifax, Nova Scotia - July 11, 2011

The Shumliln administration strongly supports a marriage between the state's two largest utilities. The Governor says merging GMP and CVPS will be better for customers.

The Governor made the comments in a conference call with reporters from Nova Scotia, Canada where he is attending a conference of New England Governor's and Eastern Premiers. GMP's parent company, Gaz Metro, is competing with another Canadian company, Fortis, to buy CVPS. But Governor Shumlin confirmed his staff is talking about the GMP deal with CVPS Board members as the board evaluates both offers. State regulators would have to approve any change in ownership.

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