After studying Kansas City-based Aquila Inc.’s finances exhaustively, the Kansas Corporation Commission (KCC) said last week that the debt-burdened company may have no other choice than to divest some or all of its domestic utilities in order to fix its balance sheet.
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Kansas Commission Says Aquila Must Sell Utilities to Fix Debt
After studying Kansas City-based Aquila Inc.’s finances exhaustively, the Kansas Corporation Commission (KCC) said Tuesday the debt-burdened company may have no other choice than to divest some or all of its domestic utilities in order to fix its balance sheet.
March 24, 2005
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