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Public Utilities : Long-Term Financing – Authority
Stephanie Maniscalco//June 1, 2017
Where a gas company appealed after being granted only part of the financing authority that it requested, the judgment is affirmed because the commission’s finding that the gas company had not showed that additional long-term financing was necessary or reasonably required was supported by competent and substantial evidence.
Judgment is affirmed.
In the Matter of Laclede Gas Company’s Verified Application v. Public Service Commission (MLW No. 70594/Case No. WD79558 – 10 pages) (Missouri Court of Appeals, Western District, Ahuja, J.) Appealed from the Public Service Commission (Paul Boudreau, Jefferson City and Rick Zucker, St. Louis, for appellant) (Shelley Brueggemann, Jeffrey Keevil, Jennifer Heintz, Jefferson City for PSC;James Owen, Columbia, and Timothy Opitz, Jefferson City for Office of Public Counsel).
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