PGW Sale

(Councilwoman Marian Tasco, at City Council's hearing on the future of PGW.  Image from City of Phila. TV)

Sale Sidelined, Phila. City Council Opens Wider Hearing on Future of PGW

Councilwoman Marian Tasco, who also chairs the city’s Gas Commission, scolded the mayor for, in her view, excluding City Council from the bidding process.

11/13/2014

A PGW payment office in center city Philadelphia.  (File photo by Andre Bennett)

City Council Holds PGW Hearing, Lawmakers Refuse To Vote On Nutter’s Plan To Sell

This 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.

11/13/2014

A PGW payment office in center city Philadelphia.  (File photo by Andre Bennett)

Firm Hired To Analyze Proposed Sale of PGW Finds Several Issues With Deal

A 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.

10/01/2014

(The July 21, 2014 meeting of the PICA board.  Photo by Mike Dunn)

With Misgivings, State Overseers OK Philadelphia’s Five-Year Budget

The 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.

07/21/2014

(Credit: Mike Dunn)

Unions Disrupt Traffic But Not Mayor Nutter As Contract Battles Drag On

Members 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.

03/06/2014

(A PGW payment office in center city Philadelphia.  File photo by Andre Bennett)

Sell-off of Philadelphia’s Natural Gas Utility Goes To Binding Bidding

Binding bids will be due in January, and the city would finalize sales terms by February.

11/19/2013

(Credit: Steve Tawa)

Lead Broker Named By City To Pitch Sale of PGW

Mayor Nutter said the sale will happen only if it benefits Philadelphia taxpayers and PGW customers.

04/24/2013

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