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Blackstone, Con Ed Reach Deal Over $11B Transmission Project

By Sean McLernon (June 5, 2012, 3:42 PM EDT) -- The Blackstone Group LP has reached a deal with Consolidated Edison Co. of New York Inc. to protect ratepayers from bearing the costs of its $11 billion, 1,000-megawatt green power line project, according to documents filed Monday with the New York State Public Service Commission....

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