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By the way, apparently Pedro held a press conference in NY with a bunch of
state legislators in 2008 before their takeover of Energy East was approved
saying that Iberdrola would invest $2 billion in NY state over five years if
the deal was approved. They are only legally bound to do the $200 million
but he publicly promised a target of $2 billion. No wonder Schumer is
pissed.

--
Eric D. Schwerin
Rosemont Seneca Partners
(202) 333-1880
eschwerin@rosemontseneca.co