Panhandle Businessman Aims to Acquire Local Electric Utility

1 min read
Source: The Texas Tribune
Panhandle Businessman Aims to Acquire Local Electric Utility
Photo: The Texas Tribune
TL;DR Summary

A Texas Panhandle businessman, Salem Abraham, is leading efforts by local towns to pressure Xcel Energy to upgrade its aging infrastructure after wildfires caused by utility poles, with plans to potentially take over the utility if safety concerns persist. The coalition of towns is also exploring legal avenues for a utility takeover, citing safety failures and community distrust, while Xcel claims to have implemented significant safety measures and infrastructure improvements.

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