Submitted by respaaaaaj t3_11oupts in Maine
6byfour t1_jbz3t9d wrote
Reply to comment by redcoat777 in Pine tree power question by respaaaaaj
They’re covered by a mix of prior income and credit. To have cash, they need to have charged someone money in the past, which they haven’t.
So all of this talk about just buying the assets and skipping away ignores the money it takes to actually serve the customers. A distribution system is a very hungry animal, especially when the weather is bad.
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