Regulators vote on Wisconsin Energy acquisition

 Regulators vote on Wisconsin Energy acquisition

MILWAUKEE (AP) - Wisconsin regulators are considering a $9 billion transaction that combines Wisconsin Energy Corp. and Integrys Energy Group.

Wisconsin's Public Service Commission is among a number of federal and state agencies that must approve the acquisition that creates WEC Energy Group, which will serve more than 4.3 million gas and electric customers across Wisconsin, Illinois, Michigan and Minnesota.

The transaction combines Wisconsin Energy's We Energies with Integrys' electric and gas utilities - Wisconsin Public Service Corp., Peoples Gas, North Shore Gas, Minnesota Energy Resources and Michigan Gas Utilities.

Thursday's vote in Wisconsin follows approvals from the Federal Energy Regulatory Commission and Michigan's Public Service Commission.

Votes are expected in Minnesota next month and by July in Illinois, where the deal has been scrutinized for its effect on natural gas customers in Chicago.

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