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PGW Sale

Questions Arise After Company That Wanted To Buy PGW Gets SoldThe company that wanted to buy PGW last year has itself been bought. Was this deal in the works as the PGW deal was being debated?
State Pressures PGW To Speed Up Replacement Of Gas MainsState officials are now taking a hard look at whether the city-owned utility should speed up the replacement of aging gas mains.
Sale Sidelined, Phila. City Council Opens Wider Hearing on Future of PGWCouncilwoman Marian Tasco, who also chairs the city's Gas Commission, scolded the mayor for, in her view, excluding City Council from the bidding process.
City Council Holds PGW Hearing, Lawmakers Refuse To Vote On Nutter's Plan To SellThis afternoon brings the start of a two-day hearing in which council members will examine what they call the "highest and best use" of the city-owned utility.
Firm Hired To Analyze Proposed Sale of PGW Finds Several Issues With DealA consultant hired by Philadelphia City Council to analyze the proposed sale of PGW finds several big concerns with the deal, including the possibility that the buyer could simply flip PGW to another buyer.
With Misgivings, State Overseers OK Philadelphia's Five-Year BudgetThe head of the PICA board told the mayor's finance director that he'd like to see the city do more belt-tightening in order to start a rainy day fund.
Unions Disrupt Traffic But Not Mayor Nutter As Contract Battles Drag OnMembers of labor unions representing various groups of Philadelphia municipal workers marched around City Hall both before and after Mayor Nutter's budget address, to push their concerns.
Sell-off of Philadelphia's Natural Gas Utility Goes To Binding BiddingBinding bids will be due in January, and the city would finalize sales terms by February.
Lead Broker Named By City To Pitch Sale of PGWMayor Nutter said the sale will happen only if it benefits Philadelphia taxpayers and PGW customers.