Did you check out the notice in your latest St. Thomas Energy bill? Seems like the utility merger with Entegrus out of Chatham-Kent is moving toward consummation early in the new year, with the new entity to be known as Entegrus Powerlines.
I guess when you only have a 20 per cent piece of the pie you don’t have any say in naming the beast.
And by coincidence, the merger is the subject of a report from city manager Wendell Graves on Monday’s council agenda.
It’s chock full of legalese and ratepayers have the right to a clear explanation of what is about to transpire on the eve of the merger.
More important, what are the long-term financial implications because this appears to be less a merger and more a fire sale.
So, we chatted with Graves on Friday as to what members of council are being asked to vote on as our elected representatives. Continue reading →