The state PUC has closed the docket on Excelsior Energy’s foolhardy Xcel Power Purchase Agreement demands for its Mesaba Energy Project. The start-up company will now appeal the decision in hopes of sustaining its government sanctioned boondoggle. All those who have supported this monstrosity will face increasing questions of competence and accountability as economic development resources dry up on the Iron Range over the next two years.
UPDATE: Some clarification from the original post … the PUC action closes the Xcel/Excelsior connection, but Excelsior can and will lumber on in search of brains … I’m sorry, customers.
Speak Your Mind