Tuesday, January 12, 2016

Carlyle Monetizes Mountain Water: Thumbs Missoula, Montana PSC

The Carlyle Group took the bold step of selling Missoula's Mountain Water, a division of Carlyle's Park Water holdings.  The sale occurred after a court condemned Mountain Water, giving the City of Missoula the right to buy their local water company for just under $90 million.

Apparently, The Carlyle Group is bigger than local governments or state public utility commissions.  The billionaire boys are used to steering government, not the other way around..