Lawmakers press regulators to reject AES acquisition
A bipartisan group of lawmakers is urging the Federal Energy Regulatory Commission to block the acquisition of power company AES. They argue the deal could lead to increased electricity costs for consumers to benefit data centers.
A bipartisan group of lawmakers urged federal regulators to block the multibillion-dollar sale of power company AES, warning the deal could raise electricity costs for utility customers to benefit data centers. In a Sept. 28 letter to Federal Energy Regulatory Commission Chair Laura Swett, lawmakers argued the acquisition would not be in the public interest....
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