How $1.86B PGW sale could make Philly 'Silicon Valley of energy' [Forbes] - Technical.ly Philly

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Mar. 4, 2014 7:30 am

How $1.86B PGW sale could make Philly ‘Silicon Valley of energy’ [Forbes]

Photo by Flickr user @wavingatyou, used under a Creative Commons license.

The City of Philadelphia announced yesterday a deal to sell Philadelphia Gas Works to Connecticut-based energy company UIL Holdings Corp. for $1.86 billion. That sale, which still needs to be approved by City Council and the Pennsylvania Public Utility Commission, could make Philly the “Silicon Valley of energy,” according to one Forbes contributor.

Read more here. -30-
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