Posts Tagged ‘tenaska’
Terms of TEF Distribution Finalized
The distribution of the $31.35 million Tenaska Equity Fund (TEF) was finalized Tuesday night at a Brownsville City Commission meeting on May 2. Brownsville commissioners acted on a resolution approved May 1 by the Board of Directors of the Brownsville Public Utilities Board (BPUB) based on recommendations made by a joint subcommittee of BPUB and…
Read MoreBPUB Update on Tenaska Equity Fund
BROWNSVILLE, TX – On Monday, April 10, the Brownsville Public Utilities Board (BPUB) Board of Directors voted to add BPUB’s net interest earned on the $29 million to the Tenaska Equity Fund (TEF). BPUB management determined that the total interest earned on the $29 million was $2,082,611, which was subsequently verified by external auditor Burton…
Read MoreBPUB Releases Statement on Tenaska Power Plant Project
The Board of Directors of the Brownsville Public Utilities Board (BPUB) understands that our customers have many questions about the unrealized Tenaska Brownsville Generating Station and the rate increases associated with it. Discussions about a new power plant began as early as fiscal year 2011. Tenaska emerged as the designated partner for the project. Eventually,…
Read MoreBPUB Board Official Statement: BPUB CEO Announces Retirement
After more than 40 years of dedicated service to the Brownsville Public Utilities Board (BPUB) and the residents of Brownsville, BPUB General Manager & CEO John S. Bruciak announced his retirement to the BPUB Board of Directors during a special board meeting on Wednesday, Jan. 4. We are diligently working to ensure our high quality…
Read MoreBPUB Temporarily Suspends Disconnections; Addresses Customer Concerns
BROWNSVILLE, TX – The Brownsville Public Utilities Board (BPUB) is committed to providing affordable and reliable service to its customers and addressing public concerns related to the Tenaska project. The following steps have been taken to address customer concerns: Suspension of Disconnects Starting October 21, 2022, BPUB suspended service disconnections for non-payment to electric, water…
Read MoreBPUB Board Issues Statement on Tenaska Audit
It is clearly important that we respond to the audit in a measured, factual, and deliberate manner that takes into account what is best for the community, the City, and Brownsville PUB. We must do this quickly and in such a way that we capture the narrative of the audit with our collective objectives in…
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