Reorganization Plan Due for N.H. Utility
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CONCORD, N.H. — Public Service Co. of New Hampshire, the first major investor-owned utility to seek bankruptcy protection since the Depression, must file its reorganization plan with a federal judge today.
The utility has said it probably will seek regulation enabling it to charge its 360,000 ratepayers for its 36% share in the stalled $5.7-billion Seabrook nuclear plant.
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