12-year-old FERC relicensing bid for river operations slowed by FirstLight's parent, PSP Investments, with Montague appropriating $260K to fight tax revenue clawback.

FirstLight VP John Howard touts a 12-year-old Federal Energy Regulatory Commission relicensing bid for river operations, with the company's transglobal parent, $250 billion PSP Investments, slowing the federal process. Local officials are stifled by FirstLight's nondisclosure agreements, and Montague recently appropriated $260,000 to fight FirstLight's tax revenue clawback. Globally, PSP commits to paying the minimum required tax.

June 02, 2024
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