WASHINGTON, D.C. – Representative Edward J. Markey (D-MA), a senior Democratic Member of the House Energy and Commerce Committee, today issued the following statement on the announcement by National Grid that it will be acquiring Keyspan in an $11.8 billion merger:

WASHINGTON, D.C. – In response to the order issued earlier today by the Federal Energy Regulatory Commission (FERC), Representative Edward J. Markey (D-MA) issued the following statement:

WASHINGTON, D.C. – Despite efforts by House Democrats to prevent foreign governments from buying up U.S. electric utilities or natural gas companies, Republicans defeated an amendment offered by Representative Edward J. Markey (D-MA) (6 – 10) during the Energy Conference today. The amendment would make it illegal for a company owned or controlled by a foreign government to acquire a public utility holding company, any public utility, or any natural gas company.

WASHINGTON, DC –Representative Edward J. Markey (D-MA), a senior Democrat on the House Energy and Commerce Committee, sent a letter today from 28 New England lawmakers to the Federal Energy Regulatory Commission (FERC) urging the rejection of a proposal by the operator of the region’s electricity transmission system for an estimated $13 billion rate hike for New England consumers to provide payments to owners of electrical power generating stations in the region. The Markey letter, signed by 28 of the 33 New England House Members and Senators expresses opposition for the ISO New England’s “Locational Installed Capacity Proposal” (LICAP) which would ask New England residents to pay a special fee to provide financial incentives for these companies build more plants.