CH Energy Group

Central Hudson CEO To Retire

Sep 22, 2014

The CEO of a Hudson Valley utility has announced his retirement.

Christopher Sessums, flickr

Staff of the New York State Public Service Commission has weighed in on whether the PSC should reconsider its approval of a utility merger in the Hudson Valley.

Utility Merger Opponents Ask The PSC For A Rehearing

Jul 29, 2013
Christopher Sessums, flickr

Opponents of an approved utility merger in the Hudson Valley are asking the state Public Service Commission to reconsider its decision.

NYS PSC Approves Fortis, CH Energy Merger

Jun 13, 2013
Daniel Oines, flickr

The New York State Public Service Commission Thursday approved a utility merger in the Hudson Valley. The $1.5 billion acquisition of the Poughkeepsie-based utility had its share of controversy in recent months.

And so went the Public Service Commission’s vote in favor of the acquisition by Canadian energy company Fortis Inc. of CH Energy Group, parent company of Central Hudson Gas and Electric Corporation. Supporters, including Barry Perry, vice president, finance and chief financial officer of Fortis, are gratified.

PSC Has Fortis/CH Energy Deal On The Docket

Jun 13, 2013
Christopher Sessums, flickr

A proposed utility merger in the Hudson Valley is on the New York State Public Service Commission agenda for Thursday.

CH Energy, Fortis Enhance Merger Proposal

May 30, 2013
Christopher Sessums, flickr

The companies involved in a proposed utility merger in the Hudson Valley have offered enhancements to the merger proposal. Opponents say they are too little, too late. The controversial merger proposal has led both sides to pound the pavement to tell their sides of the story.

IBEW And CHEG Negotiate New Deal

May 20, 2013
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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.

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.

PSC Staff Thinks Evidentiary Hearing Is Unnecessary

May 10, 2013

The New York State Public Service Commission this week responded to a request for an evidentiary hearing regarding a proposed utility merger in the Hudson Valley.

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.

Schumer Wants Answers About CH Energy/Fortis Deal

May 6, 2013
WAMC/Allison Dunne

U.S. Senator Charles Schumer was in the Hudson Valley Friday. New York’s senior Senator says without answers to questions he has raised for some time, he cannot support a proposed utility merger in the Hudson Valley. As he was voicing his concerns, a pair of administrative law judges released a recommended decision about the merger.

The proposed merger is between Canadian energy company Fortis and Poughkeepsie-based CH Energy Group, parent of Central Hudson Gas and Electric Corporation. And the Democratic Schumer says he has serious concerns.

Schumer Demands Answers Re: Proposed Utility Merger

May 4, 2013
WAMC/Allison Dunne

New York’s senior U.S. senator was in Orange and Ulster Counties Friday saying he will not support a proposed utility merger unless questions are answered.

WAMC Photo

U.S. Senator Charles Schumer will be in the Hudson Valley later today to voice what he says are serious concerns with a proposed utility merger, and call for more action.

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

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.