Monday, September 16, 2013

PEU-tility Commission

The Carlyle Group has one demand and another request before Montana's Public Service Commission.  Carlyle owns Mountain Water, a provider of public water services for Missoula.

1)  Carlyle's Mountain Water joined the Montana Telephone Association and Montana-Dakota Utilities to bring a lawsuit that seeks to keep the salaries of its senior executives private.  The PSC is working on an acceptable proposal where executive salaries can be embargoed from the public. 

2)  Mountain Water Company – Application for State Drinking Water Revolving Loan Fund Recovery Tracking Adjustment – Act on tracking request. (9/17/13).  Last year's tracking adjustment was insignificant.  The size of this year's request remains to be seen.

Carlyle is happy to make money off the public, but wants to keep most information secret.  Carlyle's big payday will come when it flips Mountain Water and senior executives will participate in a huge way.  That might be what The Carlyle Group wants to hide. 

Update 10-20-13:  Mountain Water's PUC filings