NatGrid backs away from pipeline financing proposal, environmentalist declare victory

NATIONAL GRID has withdrawn its initial financing proposal before the R.I. Public Utilities Commission for the expansion of natural gas capacity in New England, but the utility says that it continues to work with other entities to find a new way to complete the project, known as Access Northeast. / PBN GRAPHIC/DARRYL GREENLEE
NATIONAL GRID has withdrawn its initial financing proposal before the R.I. Public Utilities Commission for the expansion of natural gas capacity in New England, but the utility says that it continues to work with other entities to find a new way to complete the project, known as Access Northeast. / PBN GRAPHIC/DARRYL GREENLEE
WARWICK – Environmentalists rejoiced Friday, as the state’s largest utility withdrew a proposal to use ratepayer-backed funds to pay for the expansion of natural-gas pipelines in Rhode Island. National Grid PLC asked the R.I. Public Utilities Commission to withdraw its proposal to enhance natural-gas pipelines in Rhode Island. The effort was part of a larger,…

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