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Off Peak


Byline: 
It may surprise no one more than energy executives to learn that their industry is second only to the technology sector.
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Tracking Stock for Utilities: Highway to Higher Valuations?


Telecoms may offer IOUs a model for multiplying market caps by dividing their shareholdings.

April 1, 2000


Byline: 
Ajay Gupta is an attorney and economist and currently a senior associate in the San Francisco office of Analysis Group/Economics, a consulting firm. Previously, he practiced corporate law in the London office of Gibson, Dunn & Crutcher LLP, where he specialized in securities offerings, energy, and petrochemical project finance transactions and cross-border mergers and acquisitions. He can be reached at agupta@ag-inc.com.
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Off Peak

Et Tu, Mexico?


A consultant questions whether our trade partner's role in organizing cutbacks in world oil production is consistent with NAFTA obligations.


Byline: 
Glenn R. Schleede
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Fuel Cells: White Knight for Natural Gas?

New technologies cloud the future for the traditional electric utility, but offer hope to the gas industry in boosting residential demand.

Investors apparently were paying attention in January when a Web-based analyst predicted Plug Power's stocks could gain 10,000 percent or more by 2010. Before month's end, the fuel cell manufacturer, which doesn't expect to turn a profit before 2004, saw a ninefold increase from the $16 closing day share price at its October initial public offering. That month Avista Corp.

Byline: 
Regina R. Johnson
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