Alcoa described [an effort by the state of North Carolina to take control of Alcoa's hydroelectric dams on the Yadkin River] by Gov. Bev Perdue's administration as "an amalgamation of factual misstatements and legal arguments that are inventive in the extreme." That language was part of documents the company filed with the Federal Energy Regulatory Commission, which will decide whether to renew the longterm license Alcoa needs to continue operating the dams.
Source: Alcoa fights back ...