NNEECNorthern New England Energy Corporation (Burlington, VT)
NNEECNational Naval Engineering Education Conference
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NNEEC and its parent, Gaz Metro, have a well-documented and an established track record for operating regulated and unregulated businesses in Vermont.
On June 22, 2006, Green Mountain Power Corporation and Northern New England Energy Corporation announced their merger agreement under which Green Mountain Power will become a wholly-owned subsidiary of NNEEC in a cash transaction valued at approximately $187 million.
NNEEC has a solid record of investment in Vermont, having invested in excess of $100 million in earnings over the past 20 years, and we expect to continue to invest in Vermont through Green Mountain Power.
The acquisition by NNEEC is one of many corporate changes during Green Mountain Power's long history.