New Hampshire Restructuring Agreement

State:
Multi-State
Control #:
US-CC-12-1640B
Format:
Word; 
Rich Text
Instant download

Description

12-1640B 12-1640B . . . Restructuring Agreement under which (a) Delaware corporation (Company) will become holding company by transferring substantially all its assets and liabilities, except for capital stock of its subsidiaries, to a newly organized wholly-owned Delaware subsidiary, (b) pursuant to terms of a Demerger Agreement, certain assets and liabilities of a Norwegian corporation (Norway-One) shall be demerged into a new Norwegian corporation (Norway-Two) and each holder of outstanding shares of Norway-One shall receive one share of capital stock of Norway-Two for each Norway-One share held by such holder, and (c) Company shall commence an Exchange Offer to prospective shareholders of Norway-Two to exchange cash and warrants for Company Class A Common Stock for their Norway-Two shares
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FAQ

While there is only one utility that can deliver the electricity you use to your home or business, you have choices when it comes to who supplies you with the electricity you use. There are many companies - called competitive energy suppliers - registered to supply energy to your home or business.

Which utilities are in New Hampshire? Eversource. Eversource, formerly known to New Hampshire residents as Public Service of New Hampshire, is New England's largest energy provider, proudly serving more than 3.6 million electric and natural gas customers in CT, MA and NH. Liberty Utilities. ... Unitil Energy.

Four electric distribution companies operate in New Hampshire, each serving a mutually exclusive franchise territory. They include: Eversource Energy (Eversource) (formerly PSNH), Liberty Utilities (Liberty) (formerly National Grid and Granite State Electric Company), Unitil Energy Systems, Inc.

Eversource, a subsidiary of Northeast Utilities, serves approximately 70 percent of the retail customers in New Hampshire. The company serves geographically and demographically diverse areas, ranging from urban, southern areas to rural, northern areas of the state.

There are currently four electric utility companies in New Hampshire: Eversource Energy, Liberty Utilities, New Hampshire Electric Coop, Inc., and Unitil Energy Systems.

Of all the electric suppliers that provide 100%-renewable energy plans in New Hampshire, Direct Energy has the lowest rates. Although the average price per kWh in NH is around 22.97 cents, Direct Energy's Go Green Lights 24 plan maintains a per-kWh price of just 16.39 cents.

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New Hampshire Restructuring Agreement