Results for “private equity”
4 stories
- policy
Consumers Energy Plans to Sell 13 Aging Dams to Private Equity Firm in Controversial Deal
Consumers Energy plans to sell 13 aging dams to private equity firm Confluence Hydro for $13 total in a deal critics say would cost ratepayers billions over 30 years while generating $270 million in utility profits.
April 8, 2026·Michigan Capitol·3 sources - courts
Supreme Court Weighs Michigan Tax Auction Case That Could Reshape Property Rights Nationwide
The U.S. Supreme Court is deciding whether local governments can keep surplus equity from homes they auction to pay tax debts, or must compensate homeowners for full market value. The case involves a Michigan family who lost their $200,000 home after foreclosure for a $2,000 tax debt they never owed.
April 7, 2026·Michigan Capitol·4 sources - policy
Consumers Energy's Dam Sale Plan Sparks Controversy Over Public Land Access and River Stewardship
Consumers Energy proposes selling 13 hydropower dams to private equity firm for $13, sparking debate over public land access, river stewardship, and environmental impacts across West Michigan.
April 5, 2026·Michigan Capitol·6 sources - education
TCAPS breaks ground on $17.5M afterschool clubhouse and fieldhouse in Traverse City
TCAPS breaks ground on a $17.5M afterschool clubhouse and multi-purpose fieldhouse in Traverse City. The public-private partnership includes more than $8.5M in donations and will create year-round opportunities for students.
May 6, 2026·Michigan Capitol·1 source