After a two-week blackout at Atlantic City's Revel Casino, a power supplier has agreed to turn the lights back on at the failed gambling resort under a temporary deal reached in court with its new owner, Reuters reported yesterday. With a hearing scheduled for Monday to reconsider a temporary restraining order to block owner Glenn Straub from using generators, ACR Energy Partners agreed to supply enough electricity to run a fire control system for two weeks. The deal with Straub's company, Polo North, will allow the two sides more time to find the long-term resolution to their dispute. The parties have agreed to a mediation if negotiations break down. ACR, formed to supply the Revel complex with electricity when it opened in 2012, has said that it would shut off power until Straub agreed to abide by a 30-year supply agreement it had with the Revel's former owners, and pay the hefty bills they accrued. Straub, a Florida developer who specializes in buying distressed properties, paid $82 million for the gleaming, $2.4 billion high-rise casino-hotel earlier this year. To sidestep ACR, Straub sought to hook up generators, but on Friday, U.S. District Judge Jerome B. Simandle issued a temporary restraining order barring any such move, citing the potential danger of using outside equipment.
