It’s difficult to assess the REV promise because it’s difficult to figure out what REV is really about
Let’s be honest. Does anyone know what New York’s REV (“Reforming the Energy Vision”) really is? Other than the most hyped regulatory initiative since California restructuring some 20 years ago?
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.