RE:Analysts update
Re Agonquin Power and Kentucky Power agreement
Look at the reported facts..
Algonquin Power did not cancel the deal
Kentucky Power did not cancel the deal
But FERC (U.S. Federal Energy Regulatory Commission) did
Thus Algonquin Power should not have to pay a $65 million penalty.
to Kentucky Power..
The Penalty should paid by the FERC to Kentucky Power.
as they are the ones that cancelled the deal and
they should be financially accountable for their decision.
Just a dogs opinion of course…..