Pa. Utilities OK Efficiency Plan To Settle Merger Challenge

Law360, Philadelphia (October 3, 2013, 3:21 PM EDT) -- In a move to end the final third-party challenge to the proposed $720 million sale of an EQT Corp. subsidiary to Peoples Natural Gas Co. LLC, the companies told the Pennsylvania Public Utility Commission on Wednesday that they’d agreed to implement an energy-efficiency and conservation plan for customers.

Citizens For Pennsylvania’s Future, an environmental group that had challenged the pending sale of the EQT-owned utility Equitable Gas Co. LLC to Peoples, said it would withdraw its protest after Peoples agreed to commission a study of its...
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