Dive Summary:
- Northeast Utilities announced Thursday that it will allot 981 acres in a land trust in Connecticut.
- The move fulfills obligations for the company, which owns Connecticut Light & Power, from a March agreement that allowed it to acquire NStar for $5 billion.
- An interactive website is being set up for for hikers and other travelers using the land.
From the article:
"... The open space was among several requirements in an agreement in March that paved the way for Connecticut's approval of Northeast Utilities' $5 billion purchase of Boston's NStar.
The 981 acres in the trust will be permanently protected and will be more visible and accessible for Connecticut residents. ..."