Opinion: Memphis deserves a competitive electricity bid
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.
Memphis is not in a weak position regarding our electricity choices, and $450M for Memphis believes that a city should never sign a $20 billion contract without at least one competitive bid that addresses all costs, terms and options.
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