FirstLight, a river operations company under PSP Investments, faces criticism for environmental impact on the Connecticut River and tax practices.
Article summary: FirstLight, a river operations company and subsidiary of $250B PSP Investments, faces criticism for its environmental impact, particularly on the Connecticut River. The company's operations, including reversing river currents, destroy fish habitats, and the company's parent, PSP Investments, has a commitment to pay only the minimum amount of taxes required. Local officials and stakeholders express concerns over the company's practices, comparing the situation to the 1930s pillage of the Quabbin Valley.
June 02, 2024
3 Articles