Amazon, AEP seek electricity discount
An Amazon subsidiary that plans to build more data centers in central Ohio wants a discount on its power costs from American Electric Power. It says the price break will only lead to a small increase in cost for other AEP customers in Ohio.
So how much is the discount? Well, that remains a secret.
The proposal received its first hearing Tuesday before a Public Utilities Commission of Ohio administrative-law judge.
Amazon is seeking the special deal as part of a plan to build up to a dozen additional data centers in central Ohio. That would be on top of the three — one each in Dublin, Hilliard and New Albany — that already are in the region.
In a brief session that was primarily procedural, an Amazon representative testified, answering a few questions from the company’s attorney. Other participants had no
to put down in an effort to woo Precourt to the bargaining table.
BrewDog sold a minority share of itself earlier this year for more than $250 million to a private equity firm. Watt and co-founder Martin Dickie received tens of millions of dollars, while the company got about $100 million in cash.
Watt didn’t toss out any dollar figures in his blog post, but Precourt paid $68 million for the Crew in 2013, a price that included the team’s stadium. Current MLS expansion fees are going for $150 million, likely raising the value of the Crew by a significant amount.
“We have now joined the discussion and effort with the Columbus Partnership and city and county officials to #SaveTheCrew,” Watt wrote. “Like most fans, we believe in the power of great teams to galvanize their communities. The Columbus Crew is an important and long-standing part of our community. We stand with the passionate football (soccer) lovers across the world who believe that the game belongs to the fans.”
Hughes doesn’t think the city needs Watt’s money though. He is sure that if Precourt’s endgame was to sell the franchise, Columbus has no shortage of buyers willing to take part. It’s Watt’s voice that Save the Crew needs.
“I was really excited,” Hughes said of Watt’s blog. “BrewDog is such a known entity and massive thing.”
Other Save the Crew sponsors are speaking up as well.
Jeni Britton Bauer, founder of Jeni’s Splendid Ice Creams has been one of the most vocal. She spoke at the Save the Crew rally outside City Hall, and she’s taken to Twitter to air her allegiance. She added that she wants every idea on the table, including Watt’s.
“The relationship between sports clubs and their fans is sacred. It transcends business,” Britton Bauer said. “Decisions like this shouldn’t be made without involving fans and supporters. It feels like we haven’t been given a chance. No one saw it coming.
“I mostly speak for myself, although I know that my company always backs positive efforts to make Columbus stronger and better.”
Every one of Cameron Mitchell’s restaurant concepts, from Cap City Fine Diner to the Guild House, has signed up with Save the Crew.
“The team has been playing soccer here in Columbus for almost as long as Cameron Mitchell Restaurants has been in business,” said Steve Weis, vice president of development for Cameron Mitchell Restaurants. “The Columbus Crew is a valued community asset. We stand behind the Crew supporters as they rally to keep the team in its rightful home of Columbus.”
City Barbeque has been hanging Save the Crew banners at its restaurants and giving out bumper stickers. The company liked what James Watt had to say.
“Well, it’s a great idea,” said Beth Berkemer, spokeswoman for City Barbeque. “We definitely want to keep the Crew in Columbus. We believe the Crew should stay here in Columbus, it is part of our community.”
City Barbeque isn’t shy about symbolic gestures either. The company gave away dozens of smoked ducks for Ohio State University’s game against the University of Oregon for the 2014 college football national championship.
“What kind of mascots do they have in Texas that we can put on our smokers?” Berkemer said.
James Watt is co-founder and CEO of BrewDog, which built its U.S. headquarters in Canal Winchester. The company has used crowdfunding — selling parts of itself — to raise tens of millions of dollars and build a loyal fan base.