Fortnightly Magazine - January 2005

People (January 2005)

AGL Resources announced the reorganization of its six-state territory into two divisions. Briggs L. Tobin was named GE's senior counsel for transactions. The Board of Directors of CH Energy Group Inc. appointed Joseph J. DeVirgilio Jr. to the position of executive vice president of corporate services and administration. And others ...

Merchant-Energy Bottom Fishers

Private equity rolls the dice.

One way some new players in the power generation market are looking at the valuation is to separate out “extrinsic” value and apply a higher discount rate or “haircut.” An alternative approach is to price the “whole curve” on a risk-adjusted basis.
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