The is looking at the finances of. The privately owned steam plant supplies heat and cooling to about 50 buildings in Youngstown鈥檚 business district.
The 122-year-old steam generation operation has struggled financially for the past decade. Last week the local owners announced plans to sell Youngstown Thermal鈥檚 physical assets鈥攑ossibly to the that bought earlier this year for a billion dollars.
But, the PUCO says that decision sets off some alarm bells. Matt Shilling is the agencies spokesperson. 鈥淭he PUCO is actively investigating that situation and exploring various options to see if there is something the PUCO can do to assist the utility. Ultimately the PUCO is concerned that utility customers are receiving safe and adequate service.鈥�
Shilling says 鈥渨hat that help might look like is undetermined at this time.鈥�