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National Grid to pay $36 million and lift natural gas moratorium after New York settlement

FILE PHOTO: Electricity pylons are seen in London
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(Reuters) - National Grid Plc on Monday agreed to pay $36 million in response to an ultimatum from New York Governor Andrew Cuomo and compensate natural gas customers in New York City and Long Island that were adversely impacted by a moratorium.National Grid, which will invest most of that money in new energy conservation and clean energy projects, said in a statement it will immediately lift the..
Date Published: Nov 25, 2019
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