Interpreting Ascent deal through our ‘filters’

city_scope_logo-cmykThree members of council are in favour of keeping the people who elected them to office in the dark about the comings and goings at Ascent, formerly known as St. Thomas Energy.
Well actually it may only be two but we’ll get to that in a moment.
The trio, Mayor Heather Jackson and councillors Gary Clarke and Linda Stevenson sit on the Ascent board of directors which met May 26 to deal with the sale of its Ascent Solutions division to Spark Power of Oakville.
Included in the deal are Tillsonburg-based Tiltran — acquired by Ascent in 2007 — and Belleville operation Tal Trees — acquired in 2009.
This corner — and we’re sure many ratepayers — would like financial disclosure on the sale.
Guess what, that is not about to happen. Continue reading