Editorial: Port of Astoria Commission Erred in Leasing Land to Calpine
Posted on Jan 3, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Editorial: Port of Astoria Commission Erred in Leasing Land to Calpine
The Daily Astorian claims that the Port of Astoria Commission failed to obtain adequate public input and insufficiently vetted Calpine Corp.’s financial condition when it entered a lease agreement with Calpine for the proposed Skipanon LNG terminal. The commission last week agreed not to challenge the transfer of the lease to Leucadia National Corp. in Calpine’s bankruptcy proceedings.