Converting emissions from coal-fired plants to gasoline, diesel, or jet fuel.
Great Britain’s latest innovation in grid regulation.
Wall Street is back in business. What’s next for utility finance?
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.
Securitization fails the test for financing environmental capex.
Utilities seeking financing for environmental upgrades should look to the markets for debt and equity, rather than trying to securitize those costs.
Utilities are enjoying some of the best financing terms anybody’s ever seen. Is the party winding down?
Conditions are ideal for utility financing—but not forever. Although interest rates remain low, policy changes weigh on capital structures.
How fixed income investors view the utility sector.
Bond investors are keen for signs of a legitimate recovery, and will be looking to move into holdco bonds.
A challenging year brings a change in the rankings.