[NEWS] Utility Offers $750M to Buy Gainesville, FL Biomass Facility
– by Andrew Caplan, February 24, 2017, Gainesville Sun
Gainesville Regional Utilities officials confirmed Friday that they’ve sent a proposal to the biomass plant’s president, Jim Gordon, offering $750 million to buy the plant outright.
GRU General Manager Ed Bielarski sent The Sun a copy of the proposed memorandum of understanding (MOU) and said biomass plant officials haven’t agreed to the deal, nor has it been discussed publicly.
A majority of city commissioners said they spoke to Bielarski about the proposal, but some didn’t feel comfortable speaking to The Sun about the specifics of the offer.