What can Bernhard’s nuclear past teach us about his LUS future?
A look into Jim Bernhard’s foray into nuclear energy raises questions about his qualifications to run LUS.
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Bernhard Capital Partners
Bernhard/Robideaux talks go back to at least early 2017 and at one time included Fiber
Emails exchanged between LCG officials and representatives of Bernhard Capital Partners, the private equity firm pursuing management of LUS, show regular sharing of information between the camps beginning in 2017 or earlier, and at one time included an interest in purchasing both the electric division and Fiber. Fiber is not on the table in current discussions; at some point talks turned from a sale to a management agreement.
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In meetings with city leaders, Bernhard’s vision for LUS begins to emerge
As part of its plan to take over management of LUS’s electric division, Bernhard Capital Partners is presenting a vision of creating a Fortune 500 company headquartered in Lafayette.
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Leaving council members in the dark jeopardizes Robideaux’s LUS play
Much of the City-Parish Council, already disillusioned that it was left in the dark during negotiations, appears unified in opposition to LUS’s electrical division changing hands.
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Robideaux administration considering sale of LUS’s electric division Mayor in ongoing discussions with private equity firm to purchase or manage the division
Talks between the Robideaux administration and Bernhard Capital Partners over the potential purchase of Lafayette Utilities System have been ongoing since at least the beginning of the year.
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