Beginning today, lawyers will have the opportunity to bid on a deal potentially worth $1.85 billion that would privatize Philadelphia Gas Works, an aide to Philadelphia Mayor Michael A. Nutter has confirmed.
April 30, 2012 at 12:00 AM
1 minute read
Beginning today, lawyers will have the opportunity to bid on a deal potentially worth $1.85 billion that would privatize Philadelphia Gas Works, an aide to Philadelphia Mayor Michael A. Nutter has confirmed.
The request for proposal is scheduled to go online today in a move that nudges the city closer to shedding what is one of the last municipally owned utilities in the country and the largest of its kind, with more than half a million customers.
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