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Former PUCO chairman Sam Randazzo offloading property after FBI raid

After FBI agents searched his German Village condo in November, attorney Samuel Randazzo began off loading real estate holdings worth hundreds of thousands of dollars. In February, he transferred ownership of a house in the Columbus suburb of Grandview that he bought in 2013 for $346,000 to Samuel Brewster Randazzo for no money. In March, he sold a house in nearby Marble Cliff for $615,950, less than five months after buying it for $600,000. Randazzo is in contract to sell his 2,836-square-foot waterfront condo in Naples for an estimated $3.9 million, according to Redfin.  Randazzo resigned as chairman of the Public Utilities Commission of Ohio in November, following the FBI raid and a disclosure by FirstEnergy Corp. that it paid $4.3 million in January 2019 to an unnamed individual who subsequently was appointed as a state utility regulator.

Ohio legislature close to revoking nuclear power subsidy

EnergyOhio legislature close to revoking nuclear power subsidy Reuters 2 minutes read The Davis-Beese nuclear power station cooling tower and security post is seen near Oak Harbor, Ohio February 11, 2010. REUTERS/Aaron Josefczyk Ohio s Senate amended and unanimously passed a House bill that would repeal nuclear subsidies for Energy Harbor Corp s Davis-Besse and Perry reactors in the state. House Bill 128 (HB128), which the Senate passed on Wednesday, would confirm what state courts have already done in halting collection of the subsidies under House Bill 6 (HB6). Analysts at ClearView Energy Partners said the Ohio House could approve the slightly amended Senate version of HB128 this week and send it to Governor Mike DeWine, who is expected to sign the legislation.

Ohio Governor Mike DeWine Week in Review (For the week ending March 19, 2021)

Ohio Governor Mike DeWine Week in Review (For the week ending March 19, 2021)
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