The state office charged with looking out for utility ratepayers Wednesday urged against approval of the proposed sale of Puget Sound Energy to a consortium dominated by foreign investors.

The state Attorney General’s Public Counsel Section said the proposed transaction is “not in the public interest” and recommended that the state Utilities and Transportation Commission reject the $7.4 billion acquisition.

The Public Counsel, which represents Washington consumers in utility cases, filed comments recommending that the commission not approve the deal because it brings too much risk to customers, including those in Skagit County, where PSE provides electricity.
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