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Controversy over Chicago pipeline project won't stall Wisconsin Energy-Integrys deal: Klappa

2015-05-07 12:00:17| Energy - Topix.net

Controversy over a multi-billion-dollar gas main replacement program in Chicago will not delay Wisconsin Energy Corp.'s planned acquisition of the gas mains' owner Integrys Energy Group , Wisconsin Energy chairman and CEO Gale Klappa said Tuesday. Integrys owns Peoples Gas, which is embarking on a natural gas pipe replacement program that has seen its projected costs more than double to $4.6 billion from $2.2 billion in 2009, Crain's Chicago Business reported.

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