Dive Summary:
- New Orleans-based Entergy Corp. wants to join a regional transmission group called MISO.
- The Arkansas Public Service Commission wants assurances that MISO will preserve current regulatory powers in the state before Entergy is allowed to join.
- Entergy owns utilities in Arkansas, Louisiana, Mississippi and Texas.
From the article:
Arkansas regulators want guarantees that their authority will be preserved if Entergy Corp.'s utilities join a regional transmission group, raising questions about whether the deal will go through.
That could complicate Entergy's plan to spin off its long-distance transmission lines to ITC Holdings Corp. Joining a regional transmission organization is required for the spin-off. ...