JUNEAU, Alaska (AP) — The Alaska state capital's electric utility is set to change hands late next year, but some in the city are looking for a way to keep it under local control.
The Juneau Empire reports (http://bit.ly/2hr0ykn ) Avista, which is the parent company for Juneau's power company, Alaska Light Electric & Power, is in the process of being bought by Canadian energy company Hydro One. The sale is expected to close in late 2018.
The two heads of Juneau Hydropower — President and CEO Keith Comstock and Managing Director Duff Mitchell — have expressed interest in ensuring the power company stays locally run. They sent a letter to Avista in 2016 to inquire about Avista's interest in selling it (Avista declined) and are now looking to do the same with Hydro One.