Iberdrola-Energy East decision this week?

It’s not often that a pending decision from an administrative law judge receives significant press attention. But when the stakes are high and the issues timely, you get articles like the lengthy one in the Sunday Albany Times Union [http://www.timesunion.com/AspStories/story.asp?storyID=689529], describing the administrative challenges to the proposed take over of Energy East by Spanish utility Iberdrola. A central issue in the proposed transaction is the degree to which, if at all, Iberdrola would be allowed to have wind generation facilities in New York.

Separately, Iberdrola announced on Sunday [http://www.iberdrola.es/wcorp/corporativa/iberdrola?IDPAG=ESMODULOPRENSA&URLPAG=/gc/es/comunicacion/notasprensa/080518_Galan_Houston.html] [NB 5/20: This is in Spanish, but there are numerous English-language press reports online.] that intends to invest some $8 billion in the renewable energy sector in the United States in 2008-2010, and that it wants to more than double its wind generation capacity in the United States to rise to a 15% share of the U.S. wind generation market by 2010.


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