Submitted by rampart51 t3_10s0o4c in RhodeIsland
March_Latter t1_j773w49 wrote
Reply to comment by barsoapguy in RI Energy......can I be reimbursed for........ by rampart51
Short history, Company comes to buy RI from Nat grid. Process to take about a year. Questions come up over who is overseeing the sale for the state. Its decided that the PUC would double check to make sure RI interests are represented. One year in all boxes have been checked, all public hearings have been held. In the afternoon of the last day when the deal was to close at end of business the RI attorney general files suit stopping the deal untit he gets his say. Cost to Nat Grid and PPL....Millions.
barsoapguy t1_j775elz wrote
Oh wow that’s shitty..
March_Latter t1_j776c3l wrote
Federal law says they must be accurate also, Uniforms, truck lettering, signage, with no time leeway, imagine just the cell phone switch. Complete havoc on a company. I was surprised PPL did not walk away.
barsoapguy t1_j776qmm wrote
Yeah ,what a great prize they won eh ?
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