People
People for June 2004.
Positions filled at Southern Co., Mirant, MISO, and others.
Constellat
Business & Money: Bringing Back The Greenbacks
A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.
The proposed Homeland Investment Act on Repatriation may soon open a window of opportunity for U.S. companies with unrepatriated foreign earnings. If passed, it potentially would allow U.S. utilities to bring money back into the country without harsh tax penalties, thereby freeing up capital to reinvest in assets here, pay down U.S. debt, or fund other liabilities.
People
People for May 2004.
Positions filled at Southern Co., World Association of Nuclear Operators, Allegheny Energy, and others.
People
People for March 2004.
Positions filled at Allegheny Energy, Constellation NewEnergy, Xcel Energy, and others.
Plants for Sale: Pricing the New Wave
Financial players and load-serving utilities are looking for power asset deals.
Approximately 60 generation asset sales have been announced in the past two years, and future transaction activity is likely to accelerate. Who are the players, and where might the available plants be located?
New Nuclear Construction: Still on Hold
A number of factors point to expanded nuclear generation. But when?
Skeptics believe investors will continue to shy away from nuclear in the coming decades, but conditions are changing, with several factors pointing to expanded nuclear generation.
The New Dividend Kings
Sizable gains return to the market.
SNL’s safe dividend picks appeared to do well for any market. However, like the fine golden years of the late ’90s for all things technology, recent months have returned sizable gains to investors of energy stocks—not what one would expect from slow growth, dividend-paying electric and gas utilities that make up the majority of the SNL Energy universe.
People
People for August 2003.
New positions at the Nuclear Regulatory Commission, the Organization of MISO States Inc., FPL Group Inc., and others.
People
New Positions:
New Positions:
The Allegheny Energy Inc. board of directors named Florida Power & Light Co. President Paul Evanson its new chairman, replacing the retiring Alan J. Noia. Allegheny's interim president, Jay Pifer, assumed the duties of COO at Allegheny. Evanson had been with Florida Power and Light since 1992. He will be replaced temporarily by Lew Hay, chairman and CEO of FPL Group, until a permanent replacement is found.
Business & Money
Lehman Brothers and others say upcoming rate cases and falling unregulated earnings mean some IOUs will have less to show for their effort.