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Post-Holiday Blues

Alliant’s 11th-hour deal to sell $783 million in transmission wires faces ex-post legal challenge

(February 2008) Alliant subsidiary Interstate Power & Light (IP&L) completed a $783 million deal to sell 6,800 miles of electric transmission assets to an affiliate of ITC Holdings Corp. The same day, Alliant issued guidance saying its 2008 earnings likely would increase by between 3 and 13 cents a share, driven partly by proceeds from the IP&L asset sale.

Byline: 

Michael T. Burr

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Nuclear Spin

Entergy’s $20 billion spin-off plan elicits yawns on Wall Street

(January 2008)Entergy Corp.’s announced plan to spin off about 5,000 MW of nuclear assets generated a major buzz when it was announced in early November.

Byline: 

Michael T. Burr

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Merchant Power: Ratepayers Back At Risk

A review of power plant deals in 2004 shows that utilities are buying.

Whether evolution or devolution, the merchant deals done to date show movement to a familiar structure; ratepayers are back at risk. While ratepayers have benefitted from merchant plants, they also paid since competition began with PURPA in 1978, and many of the acquisitions put them at risk for future changes in power values and fuel costs.
Byline: 

Jeff Bodington

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Letters to the Editor

Regarding “Consolidating Co-ops,” June 2004

“Co-ops are beginning to look like ripe fruit” for IOU acquisition, Michael T. Burr wrote in “Consolidating Co-ops” in the June 2004 issue of Public Utilities Fortnightly. In many cases, just the opposite is true, writes one contributor.
Byline: 

Bill Conway, Matt Berry

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