Philadelphia to Sell Philadelphia Gas Works (PGW)
The Nutter Administration announced today that it has signed an agreement to sell the assets of the Philadelphia Gas Works (PGW) to UIL Holdings Corporation for $1.86 billion. The sale, which would...
View ArticlePGW Sale Off
Philadelphia’s City Council has thwarted the Mayor’s efforts to sell PGW (Philadelphia Gas Works). The $1.86 billion sale of PGW was nixed by Council President Darrell L. Clarke. “The simple fact of...
View ArticlePGW Offer Withdrawn
Mayor Michael A. Nutter released a statement following a vote by the Board of Directors of UIL Holdings Corporation to terminate its agreement to purchase the Philadelphia Gas Works: “This decision by...
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