investors
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History
History of Power: Duke Energy’s Century-Old Legacy
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
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Finance
Standardized Documents and Solid Partners Make Financing Less Stressful for Project Developers
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
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News
Six Investing Trends Reshaping Power and Utilities Sector Despite COVID
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 […]
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News
Renewables Gain Investors as Some Flee Oil, Gas, and Coal
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
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News
PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion
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 […]
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News
Power Sector CEOs Join Top Execs in Redefining Corporate Purpose
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 […]
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Renewables
NRG’s New Plan: Sell Assets, Change Focus, Raise Cash
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 […]