investors

Electric utilities have a significant opportunity to create long‑term value by building new clean energy infrastructure—an approach Warren Buffett’s Berkshire Hathaway utilities have followed quietly but effectively for decades. Xcel Energy calls its version of this strategy “Steel for Fuel.”

Duke Energy, one of the largest energy companies in the world, grew out of a system of lakes and dams along the Catawba River to generate power for the Piedmont Carolinas. While the company has sustained a

Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks and

Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity points to several interesting trends that will likely persist in a post-crisis world and may even accelerate change in the sector, new analyses from global […]

The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of

Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]

The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from power companies.  The Aug. 19 statement issued by the Business Roundtable, an association of CEOs “to promote a thriving U.S. economy and expanded opportunity for […]

NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]