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Related to NEES: news, Ntes
NEESNetwork for Earthquake Engineering Simulation (National Science Foundation)
NEESNew England Electric System (electric power company)
NEESNormalized Estimation Error Squared
NEESNew England Ecotourism Society (Australia)
NEESNational Electric Energy System (Iowa State University of Science and Technology; Ames, IA)
References in periodicals archive ?
The long running integration of NEES and EUA dates back to last December when National Grid agreed the takeover of NEES.
The Brussels event featured presentations by health authorities from across Europe, whose representatives provided updates on each country's NeeS and eCTD requirements.
The price paid represents a 25 per cent premium to the closing price of $43 per NEES share last week.
He has served as vice president and treasurer of NEES, director of corporate finance for the NEES service subsidiary, and treasurer and assistant treasurer of other NEES subsidiaries.
Although the NEES name has changed, the names of its local electric companies -- Massachusetts Electric Company, Granite State Electric Company (NH), Narragansett Electric Company (RI), and Nantucket Electric Company -- will remain the same.
The final sale price for the merger, and the final price of NEES shares are expected to be approximately $3.
The Rhode Island Division of Public Utilities and Carriers approved the merger of the Rhode Island operating subsidiaries of NEES and EUA on February 25.
The sharing of space is expected to continue after the purchase is finalized, with some EUA personnel remaining in West Bridgewater through the end of 2000 as EUA makes the transition into the NEES organization.
If the SEC approves the proposed merger, at the time of closing all outstanding NEES common shares will be cancelled and converted into the right to receive cash merger consideration.
According to NEES President and Chief Executive Officer Rick Sergel, this announcement underscores NEES's goal to focus on its electricity delivery business, and its commitment to AllEnergy's continued success.
NEES (NYSE:NES) and National Grid filed for approval of their merger with the SEC in March 1999.