In previous columns, I have discussed the potential for regional consolidation. In the Midwest, smaller utilities like Westar Energy (WR Quote), Great Plains Energy (GXP Quote), OGE Energy (OGE Quote), Empire District (EDE Quote) and Cleco (CNL Quote) are always considering options and opportunities.
In addition, Atlanta's Southern (SO Quote) is looking for growth opportunities. With names like Scana (SCG Quote) and Teco (TE Quote) right next door, opportunities exist if the price and regulatory climate look right. All that said, remember that talk is cheap and power deals are often discussed but much less often executed. While the KKR-TXU deal is a blockbuster, utility mergers rarely happen in pairs. Still, this morning's deal is likely to give rise to plenty of powerful opportunities.- Loading Comments...
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