Quote:
Originally Posted by JoMar
Could it simply be an investment where the buyers (investors) see a positive ROI? When the public utilities in NY divested the generating plants and sold to private investors those investors ultimately made a significant return. I know it's hard to believe, and many hate to hear it, those that make investments here are not that benevolent.....they aren't looking to lower costs, provide better service or expect homeowners to support the acquisition. They are looking to make a return while providing a palatable service. And, if they don't, what are our alternatives?
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That would make perfect sense if the purchaser was a private, for profit entity. I could be wrong, but my understanding is that the prospective purchaser is not a for profit entity, but rather in some way it is an entity set up to serve the community. Someone please correct me if I am wrong, that would explain a lot.