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Carlyle Group

Mountain Water NBC Montana
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Mountain Water Company Launches Anti-Condemnation Website [YouTube]

The Mountain Water Company has launched a new website that answers frequently asked questions regarding its positions on the company's forced takeover by the City of Missoula through condemnation. 

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Mountain Water
photo courtesy of NBC Montana
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City of Missoula – Mayor Engen Respond to Mountain Water Sale Announcement [AUDIO]

On Friday morning, Mayor John Engen was informed that the Carlyle Group had agreed to sell Missoula's Mountain Water Company to a Canadian company, Algonquin Power and Utilities Company in Ontario.

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Photo courtesy of Google street view
Photo courtesy of Google street view
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Mountain Water Company to be Sold to Algonquin Power and Utilities, Move Complicates Eminent Domain Lawsuit

Today, September 19, the Canadian company Algonquin Power and Utilities, announced that it had agreed to purchase Mountain Water Company from the Carlyle Group for $327 million.

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committee of the whole
Screen shot courtesy of the city of Missoula
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City Expenditures on Mountain Water Lawsuit Revealed, Law Firm Makes Case Against PSC Oversight

During a city council meeting today, September 17, attorneys from the law firm Boone-Karlburg presented some of their findings concerning the relationship with the Montana Public Service Commission and Mountain Water.

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John Engen
photo by Peter Christian
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Missoula Mayor John Engen Counters Mountain Water Lawsuit Criticism [AUDIO]

Missoula Mayor John Engen calls the nearly $4 million the city may spend in legal fees to acquire the Mountain Water Company from the Carlyle Group as essentially 'closing costs'.

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Mountain Water NBC Montana
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Missoula City Councilor Slams Mayor – Council For Mountain Water Cost Overruns [AUDIO]

Ward Two City Councilor Adam Hertz said on Sunday that Mayor John Engen and the Missoula City Council bear the responsibility for increased taxes or eventual higher rates once the Mountain Water lawsuit is decided. 

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Mountain Water NBC Montana
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Carlyle Group Informs Mayor Engen Mountain Water is Now For Sale [AUDIO]

Missoula Mayor John Engen received a letter on Wednesday from the Carlyle Group informing the city that Park Water, of which Mountain Water is a subsidiary, is officially for sale.

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John Engen
Photo by Peter Christian
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City Councilor Questions Whether Purchase of Mountain Water is Worth the Risk [AUDIO]

At a Missoula City Council meeting on Wednesday, February 12, council members and the public heard about the financial numbers involved in the purchase of the Mountain Water Company.

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Jon Engen
Photo by Peter Christian
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Carlyle Rejects $50M Offer for Mountain Water

A private equity firm that owns Missoula's water system has rejected the city's $50 million offer to buy the assets of Mountain Water Co.

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Jon Engen
photo by Peter Christian
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UPDATE – City Councilman Resists Mayor’s Effort to Condemn Mountain Water [AUDIO]

UPDATE - Ward Two City Councilman Adam Hertz said on Tuesday, January 28, that he would have voted "no" to allow Mayor Jon Engen to offer $50 million for the Mountain Water Company, which would probably lead to condemnation.

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