Jenkins: Public knows little about proposed ML&P sale

posted by Rick Rydell -

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An old southern sheriff, watching a gaggle of ne’er-do-wells traipsing down a country road toward us, told me, “Don’t need to watch all of ’em. Watch them what don’t show their hands.”

The proposed $1 billion sale of Anchorage’s Municipal Light & Power utility to Chugach Electric strikes me a lot like that; it is moving right at us and there are not many hands showing.

On the surface, the announced deal looks like a good one for the city, but there are a boxcar of questions and not much transparency by the city or Chugach. The whozits and whazits largely remain secret, unexamined by the public or any outside entity.

Jenkins: Public knows little about proposed ML&P sale

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Rick Rydell

Rick Rydell

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