Fortis

Hudson Valley News
9:14 pm
Thu August 15, 2013

PSC Staff Responds To Rehearing Request From Utility Merger Opponents

Credit 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.

Read more
Hudson Valley News
1:20 pm
Mon July 29, 2013

Utility Merger Opponents Ask The PSC For A Rehearing

Credit Christopher Sessums, flickr

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

Read more
Hudson Valley News
6:30 pm
Thu June 13, 2013

NYS PSC Approves Fortis, CH Energy Merger

Credit 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.

Read more
Hudson Valley News
9:10 am
Thu June 13, 2013

PSC Has Fortis/CH Energy Deal On The Docket

Credit Christopher Sessums, flickr

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

Read more
Hudson Valley News
9:52 pm
Thu May 30, 2013

CH Energy, Fortis Enhance Merger Proposal

Credit 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.

Read more
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.

Read more
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.

Read more
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.

Read more
Hudson Valley News
2:23 pm
Fri May 10, 2013

PSC Staff Thinks Evidentiary Hearing Is Unnecessary

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.

Read more
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.

Read more

Pages