Central Hudson

Hudson Valley News
8:13 am
Mon May 20, 2013

IBEW And CHEG Negotiate New Deal

Credit wikipedia commons

POUGHKEEPSIE – Central Hudson and IBEW Local 320 have negotiated a new contract for utility workers, who would become employees of Fortis, Inc. should the buyout of CH Energy Group be approved by the State Public Service Commission.

State Assemblyman Kevin Cahill (D- Kingston) said it is a good deal for the workers, but the proposed purchase leaves a lot to be desired.

Congressman Sean Patrick Maloney (D- 18) is thrilled with the contract agreement.

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Hudson Valley News
12:55 pm
Sat May 18, 2013

Part Two With CH Energy, Fortis Executives On Proposed Merger

Barry Perry, Fortis (left) and Steven Lant, CH Energy Group (right)

There has been a brighter public spotlight lately on the proposed merger between Canadian energy company Fortis and Poughkeepsie-based CH Energy Group, parent of Central Hudson Gas and Electric Corporation. In response, top executives from both companies have been making the rounds, trying to allay concerns and separate fiction from fact. Here is part two of their interview with WAMC’s Hudson Valley Bureau Chief Allison Dunne.

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Hudson Valley News
1:03 pm
Fri May 17, 2013

CH Energy CEO and Fortis CFO Discuss Proposed Merger

Barry Perry, Fortis (left) and Steven Lant, CH Energy Group (right)

The proposed merger between Canadian energy company Fortis and Poughkeepsie-based CH Energy Group, parent of Central Hudson Gas and Electric Corporation has sparked a lot of concern and opposition in the past few months. And now the top executives of each company have embarked on a public relations campaign to try and quell concerns.

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Hudson Valley News
7:59 pm
Thu May 16, 2013

Execs Respond To Schumer Re: Proposed Utility Merger

Several elected officials have raised concerns over the past few months about a proposed utility merger in the Hudson Valley. Among them is U.S. Senator Charles Schumer.  And now top executives of the two companies have responded.

The proposed merger between Canadian energy company Fortis and Poughkeepsie-based CH Energy Group, parent of Central Hudson Gas and Electric Corporation, has stoked several flames of opposition to and concern about the union. Senator Schumer was in Newburgh and Poughkeepsie earlier this month, urging top brass at both companies to answer questions.

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Hudson Valley News
10:32 pm
Mon May 6, 2013

Ulster County Resident Questions Utility Merger Via Shareholder Resolution

Credit Tax Credits, flickr

Much of the opposition to a proposed utility merger in the Hudson Valley has focused on community concerns, such as jobs, rate hikes, and investing locally. Now, at least one community member has taken his concerns to the Securities and Exchange Commission.

Canadian energy company Fortis would acquire Poughkeepsie-based CH Energy Group, parent of Central Hudson Gas and Electric Corporation, for about $1.5 billion. New Paltz resident Karl Budmen says shareholders will lose.

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Hudson Valley News
1:04 pm
Mon April 29, 2013

There Will Be a Recommended Decision In A Proposed Utility Merger

Credit Christopher Sessums, flickr

An extended public comment period closes this week for a proposed utility merger. This comes as administrative law judges say they will issue a recommended decision to the Public Service Commission concerning the proposed merger.

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Hudson Valley News
5:08 pm
Wed April 17, 2013

Public Hearings On A Proposed Utility Merger Are This Week in Two Hudson Valley Cities

Credit Christopher Sessums, flickr

The first of two additional public hearings on a proposed utility merger in New York takes place this evening.

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Hudson Valley News
6:45 pm
Wed April 3, 2013

PSC Adds Hearings, Comment Time For Proposed Utility Merger

Credit Christopher Sessums, flickr

The New York State Public Service Commission is extending the comment period for a proposed utility merger after some area residents and lawmakers requested the extension.

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Hudson Valley News
7:14 pm
Wed March 20, 2013

NYS Assemblyman Writes to PSC, State AG About Proposed Utility Merger

Credit Christopher Sessums, flickr

A Hudson Valley assemblyman has penned a letter to the New York State attorney general with concerns over a proposed merger involving a local utility company. A spokesman for the utility company insists the merger is in the public interest.

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Hudson Valley News
2:36 pm
Tue March 5, 2013

A Group of Residents Raises Concerns About Proposed Central Hudson-Fortis Merger

Credit Christopher Sessums, flickr

The New York State Public Service Commission is reviewing the proposed merger of Poughkeepsie-based CH Energy Group -the parent company of Central Hudson Gas and Electric Corporation - and Canadian utility company Fortis, Inc.  A public comment period will close at the end of the month, and at least one group of residents from Ulster County has written with its concerns.

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