Most costs will stay on LCG’s books. That turns the idea from a budget-saving blessing into a fiscal Hail Mary.
The gist: Changes to LUS and LUS Fiber leadership, announced suddenly the night before October’s primary, were said by the Robideaux administration to be tied to an ongoing internal review of transactions between the systems that was requested by the Louisiana Public Service Commission. PSC representatives, however, contradict that assertion — saying no such internal […]
The gist: Within months of selling a major stake in his construction firm to Bernhard Capital Partners, Lafayette businessman Lenny Lemoine has teamed up with Baton Rouge developer Mike Wampold to buy the 108-year-old former Whitney National Bank building on St. Charles Avenue in New Orleans.
The gist: LUS is in the early stages of pursuing a pilot program to add electric vehicle charging stations to its portfolio and buy electric forklifts for its warehouse.
The decision was made “in response” to the ongoing discussions of the company’s proposal and the “importance” of the city’s decision whether to accept it.
NextGEN also created a Facebook page and launched a phone campaign to go along with its digital billboards billing a $1.3 billion offer.
The gist: At last week’s presentation to the Lafayette Public Utilities Authority, NextGEN officials indicated with confidence that LUS’s hundreds of employees need not worry about their civil service protection if NextGEN takes over management of the public utility.
What’s Jim Bernhard’s bid to run LUS really worth?
Robideaux said through his spokeswoman that conversations with Entergy have continued intermittently since at least June of this year.
Chief among them: Can we get out of it?
Billed as a $4.1 billion deal, the offer is heavy on assumed indirect economic impacts.
Bernhard Capital Partners appears ready to make its pitch to the Lafayette Public Utilities Authority on Oct. 9.