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Politics · · 1 min read

Lawmakers press regulators to reject AES acquisition

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....

Read original on The Hill