PG&E reaches settlement over Diablo Canyon closure
The Pacific Gas and Electric Company agreed to pay between $122.5 million to $147.5 million to seven San Luis Obispo County cities, the county and the school district to offset some of the negative impacts from the eventual closure of the Diablo Canyon Power Plant. PG&E announced plans in June to close its power plant Read More →
Founders Community Bank in SLO being acquired
Fresno-based Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share, the companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →
Small tri-county hotels fight chains with Stash Rewards
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Diablo Canyon Power Plant closure not a done deal
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Mayors deserve a say in Diablo Canyon closure
Cities that form the heart of the San Luis Obispo County economy should not become collateral damage as PG&E works out a plan to shutter the Diablo Canyon Nuclear Plant. On Sept. 15, the mayors of San Luis Obispo, Morro Bay, Arroyo Grande, Atascadero, Paso Robles and Pismo Beach took what they called an “unprecedented Read More →
Mayors urge CPUC to deny PG&E proposal to close Diablo Canyon
A group of mayors from six San Luis Obispo County cities asked the California Public Utilities Commission to deny a proposal to close the Diablo Canyon Power Plant because the proposal does not fully outline steps to be taken to mitigate effects of the closure. In a request filed with the utilities commission on Sept. Read More →
Papa Murphy’s pizza eyes bigger slice of Tri-Counties
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