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Where The Power Flows North: The Sale Of CVPS

06/08/11 12:00PM By Jane Lindholm
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AP Photo/Craig Line
In the past few years, Gaz Metro purchased Green Mountain Power and TransCanada bought hydroelectric dams on the Connecticut River. Last week, Central Vermont Public Service agreed to a purchase offer from the Canadian-based company, Fortis, Inc.

We look at the impact and implications of the proposed sale on CVPS shareholders, rate payers and employees with company President and CEO Larry Reilly and Vermont Law School Professor Michael Dworkin. And we learn why Canadian companies have found Vermont utilities such desirable takeover targets.

Also, in December 2010, there was a backlog at Adult Protective Services of up to 300 cases of abuse, neglect and exploitation to seniors and vulnerable adults in Vermont. This meant abusive situations were left uninvestigated for months. Ed Paquin of Disability Rights Vermont discusses a new agreement that will address this backlog.

And, we begin our seasonal series, Summer School! Each Wednesday, Vermont Edition is tapping a local expert to teach us a skill, or introduce us to new hobby. Today the "Wacky Worm Sisters" of Greensboro Bend explain how to set up a worm composting bin.

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cvps larry_reilly fortis adult_protective_services disability_rights_vermont composting business

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