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Investing in U.S. Utility Operations

 By Jones Day

The U.S. electric and gas utility market has seen a wave of mergers and acquisitions in recent years. The market has been disrupted by changes in the regulatory regime in many areas. Further adding to confusion is the collapse of Enron, the troubles faced by other power marketing companies, difficulties in establishing a rational national electric transmission grid, disruptions in wholesale electric markets and other issues.



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