James Baratta
Writing fellow at The American Prospect and investigative reporter on utilities and private equity, known for reporting on Blackstone's attempted acquisition in New Mexico.
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Feb 25, 2026 • 50min
How Private Equity Is Driving Up Your Electric Bill
Marissa Gillette, former Connecticut utility regulator now at the American Economic Liberties Project, and James Baratta, investigative reporter on utilities and private equity, unpack how investor-owned utilities and private equity push up rates. They discuss capital spending incentives, data center-driven demand, regulatory weaknesses, and Blackstone’s controversial New Mexico bid. Short, sharp, and full of regulatory intrigue.
