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Posted July 31. 2013 1:05PM

NHPUC approves NHT $36M borrowing related to Seabrook

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NHT seeks authority to enter into an amended and restated loan agreement with NextEra Capital, NHTís lender and indirect parent company. NHT proposes to use the proceeds from the issuance of debt to repay existing indebtedness to NextEra Capital and to fund its share of future repairs and upgrades at Seabrook Substation and for other capital costs and operating expenditures.