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ARTICLE · 14 MARCH 2014

To Own Or Not To Own

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David McFadden delivered a keynote address on February 27, 2014 to attendees of the CCRE Conference on Municipal Governance.

CanadaEnergy and Natural Resources
David McFadden
David McFadden
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David McFadden delivered a keynote address on February 27, 2014 to attendees of the CCRE Conference on Municipal Governance. He reviews the policy, business and governance issues, which are relevant for consideration by electricity distributors and their municipal owners when deciding whether to retain ownership, sell, buy or merge.

In preparing my remarks, I looked at the topic of our conference from my experience in three capacities:

  • as a member of the Board of Directors of an LDC and of business corporations and funds;
  • as counsel to municipal governments and LDCs on structuring, corporate governance and mergers and acquisitions;
  • as a member of the Smart Grid Forum and as a member of the Distribution Sector Review Panel which reported in December 2012.

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