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Old 02-07-2019, 05:21 PM
 
Location: Iowa City
65 posts, read 132,485 times
Reputation: 41

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You'll read about it tomorrow, but that's the word at the morning meeting..

We were informed that "possibly" Engie may lease the university of Iowa's utility system. Or in other words, "your positions may be bought by Engie and you might work for Engie instead of the U of I.

This was a shock to all of us, half of us over the age of 50, that the U of I was so poor or unable to manage it's budget that they were going to sell us out..!
I mean, we survived the housing crisis, but now after a nice bull run in the market suddenly the U of I is broke??

Anyway. I understand Ohio State sold out it's utilities to Engie for a billion for 50 years, and I was wondering how that has, or will impact the community and employees of Ohio States university Utility's because that's whats in-store for us.

Anyone?

Last edited by rerod; 02-07-2019 at 05:32 PM..
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Old 02-07-2019, 05:31 PM
 
Location: Des Moines Metro
5,105 posts, read 6,489,976 times
Reputation: 9664
Quote:
Originally Posted by rerod View Post
We were informed that "possibly" Engie may lease the university of Iowa's utility system. Or in other words, "your positions may be bought by Engie and you might work for Engie instead of the U of I.
Is this a trial balloon or a done deal? If it's not a done deal, you might want to contact your congressional rep and make some noise. You might also want to look into the health of Engie. Do they have public stock? What are they telling their stock holders?

U of I is public and supported by tax payer dollars, so I would think that they would need permission from the state before they can execute a contract with with a private firm. I'm not a lawyer, but maybe something here will help. Good luck! Changes like this rarely favor older workers.
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Old 02-07-2019, 05:50 PM
 
Location: Iowa City
65 posts, read 132,485 times
Reputation: 41
https://news.osu.edu/one-year-later-...mpus-students/

Nothing mentioned about the Ohio State workers who left after wages and benefits were striped.

I guess this is how the world works lately.

In with the new, out with the old.. And it has nothing to do with energy efficiency..

Last edited by rerod; 02-07-2019 at 06:20 PM..
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Old 02-08-2019, 11:00 AM
 
Location: Minnysoda
9,268 posts, read 8,947,449 times
Reputation: 5660
Quote:
Originally Posted by rerod View Post
https://news.osu.edu/one-year-later-...mpus-students/

Nothing mentioned about the Ohio State workers who left after wages and benefits were striped.

I guess this is how the world works lately.

In with the new, out with the old.. And it has nothing to do with energy efficiency..
Still burns coal doesn't it?
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Old 02-12-2019, 02:31 PM
 
Location: Iowa City
65 posts, read 132,485 times
Reputation: 41
Quote:
Originally Posted by my54ford View Post
Still burns coal doesn't it?

Its all about production, right? Not about a hundred middle class families, who will now earn even less?
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