Central Hudson

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.

CH Energy CEO and Fortis CFO Discuss Proposed Merger

May 17, 2013

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.

Execs Respond To Schumer Re: Proposed Utility Merger

May 16, 2013

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.

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.

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.

Christopher Sessums, flickr

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

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.

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.

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.

Steady progress was made Tuesday in repairing damage to Central Hudson’s electric system in the wake of severe winds delivered by Tropical Storm Sandy.

By 8 p.m., power was restored to more than 50,000, or nearly half of all impacted customers, and crews worked throughout the night.

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