Juneau Utility's New Owners Say Company Not for Sale
JUNEAU, Alaska (AP) — The company buying Alaska Electric Light & Power Company’s parent corporation said in a letter it is not interested in selling Juneau’s electric utility any time soon.
KTOO.org reports (http://bit.ly/2xs20Gw ) Hydro One CEO Mayo Schmidt wrote a letter to the City and Borough of Juneau, saying the company had no plans of selling any of its new assets or subsidiaries, and that Hydro One supports Alaska Electric Light & Power’s “vision of bringing safe, reliable, affordable power to Juneau.”
The Aug. 14 letter was in response to a letter written by the city to the Toronto-based power company last month urging the company to meet with representatives of Juneau Hydropower.
Juneau Hydropower is interested in buying Alaska Electric Light & Power Company.
Related News
From Archive
- HDD industry faces challenges as cities push back on fiber drilling disruptions
- 2 workers killed, 1 injured while working on sewer line in Mobile, Ala.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
- Tunnel boring continues under Chesapeake Bay for $3.9 billion HRBT Expansion project
- Judge approves construction for key portion of $485 million pipeline in Larimer County, Colo.
- New products: Latest industry developments
- 31 workers rescued after LA tunnel partially collapses
- Ohio Supreme Court rules sewer line location isn’t a ‘defect’ in property dispute
- Faulconer Construction begins rock blasting for water pipeline project in Charlottesville, Va.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
Comments