Block Private Equity and Hedge Funds from Buying Indiana Utilities
Flat-out prohibits selling a public utility to a private equity firm, hedge fund, or sovereign wealth fund. Period. No IURC approval process, no conditions — just a ban. Filed by Republicans who see the same risk Democrats are warning about: when Wall Street buys your electric company, shareholders come first and ratepayers come last. Directly targets the BlackRock-AES acquisition.
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