investment

Con Ed to invest $250 million to protect equipment against future storms
News Maggie Hayes 12/13/2012 at 9:48AM

Con Ed has announced that it will secure $250 million for protecting city infrastructure and maintaining reliable service for customers during storms such as Sandy. “Our commitment would represent an initial infusion of preventive measures [and] we expect that even greater investments will be needed as regional discussions evolve over the coming months and years,” [...]