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Koch Industries has no interest in buying Wisconsin's public plants


MADISON, WI (WTAQ) - If you think the Koch Brothers will snap up Wisconsin’s publicly-owned power and heating plants, think again.

Koch Industries said Monday it has no interest in buying any of the 37 plants that Governor Scott Walker wants to put up for sale.

The proceeds would be used to speed up the repayment of bonding for new highway projects. Walker first brought up the idea of selling the government’s power facilities two years ago.

That was during the massive protests over Walker’s public union bargaining limits – and critics said they were sure the Republican Walker would hand the plants over to the Koch Brothers for their GOP financial support.

But Koch spokeswoman Melissa Cohlmia said the company had no interest in buying the plants in 2011, and it still has no interest. She tells the Milwaukee Journal Sentinel, “As was the case when this false storyline emerged, the plants are obsolete and do not in any way fit Koch companies’ current operations or business plans moving forward.”