The privately held Infrastructure Investments Fund completed its acquisition of El Paso Electric after a final regulatory check by the NRC.

FERC approved a market power mitigation plan for an investment fund’s $4.3B purchase of El Paso Electric and rejected rehearing requests challenging its approval.

Emboldened by its victory in an affiliate case involving Goldman Sachs, Public Citizen asked FERC to reconsider a ruling involving JPMorgan Chase.

FERC conditionally approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric, directing the companies to file a mitigation plan.