Opinion: TVA’s proposal is terrible for Memphis and Shelby County
“It didn’t take long for TVA to reveal its true position.”
Jim Gilliland Jr.
Jim Gilliland Jr. has worked 22 years in the project finance and public finance sectors in the municipal bond market and has focused on electric utilities and independent power producers. He is currently in municipal bond investment management at Diversified Trust Co. He is a member of $450 Million for Memphis, which advocates an open bid process for the city’s power supply.
MLGW has failed its fiduciary duties to its ratepayers. The ratepayers deserves a fair RFP. City Council should vote against the TVA contract until all questions are answered, even if it takes a few years.
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