Sketchier and sketchier (On the MLP Sale)

posted by Rick Rydell -

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The proposed $1 billion sale of Anchorage’s Municipal Light & Power to Chugach Electric – negotiated in secret, so far – is getting sketchier by the day.

While Anchorage voters in the April 3 election will be asked to decide whether to allow the city to go forward with negotiations for the sale, it turns out there have been at least five other companies that showed an interest in buying the utility.

Once-confidential documents pried loose by the Anchorage Daily News indicate the companies wrote to Anchorage Mayor Ethan Berkowitz expressing an interest in buying ML&P.

Sketchier and sketchier (On the MLP Sale)

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Rick Rydell

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