LUS Fiber

News + Notes

What’s next after NextGEN

On Monday, NextGen withdrew their offer to manage LUS hours before the Council voted against considering any deal like it. So now what?

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News + Notes

Bernhard tests the waters

Bernhard Capital Partners appears ready to make its pitch to the Lafayette Public Utilities Authority on Oct. 9.

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News + Notes

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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