Empire, Liberty file papers with Missouri regulators

JOPLIN, Mo. (AP) " The proposed $2.4-billion merger of a Joplin-based utility with another utility may have moved a step forward.

Empire District Electric Co. and Liberty Utilities Co., a subsidiary of Canada-based Algonquin Power & Utilities Corp., recently filed a stipulation and agreement with the staff of the Missouri Public Service Commission. The agreement notes that concerns the PSC staff had about the merger have been addressed.

The Joplin Globe reports (http://j.mp/2aZ4wO0 ) PSC staff and the Office of Public Counsel previously said they'd recommend the Public Service Commission not approve the merger without changes.

PSC staff said the conditions agreed to by Empire and Liberty have satisfied their concerns.

But the Office of Public Counsel says it won't approve of the merger unless there's a change in negotiations before late August evidentiary hearings.

___

Information from: The Joplin (Mo.) Globe, http://www.joplinglobe.com

This story has been automatically published from the Associated Press wire which uses US spellings

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production apcf03 at 30 Sep 2016 04:45:38 Processing Time: 369ms