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Portland’s Fuel Terminal Deal Under Fire | Portland News
Portland’s City Council is weighing a controversial deal to hand over a decades-old fuel terminal contract from Zenith Energy to I Squared Capital, a new company promising to continue the renewable fuel transition and retain Zenith’s workers. But with a history of state fines and community distrust, environmental groups are demanding stricter oversight and transparency. I Squared Capital insists they’ll be a responsible, community-focused owner, but skeptics fear hidden deals and call for more public input before finalizing the transfer. Residents near the site are sounding alarms over…
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