Credit to Author: Guest Contributor| Date: Tue, 28 Mar 2023 07:00:25 +0000
Elon Musk spent much of last year selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, despite a disdain for index funds and passive investing, some of those firms now make up a large portion of Tesla’s shares. Musk now owns fewer Tesla shares than the market’s three largest index funds […]
Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2019 14:37:42 +0000
The post Moody’s: Carbon Concerns Denting Merchant Coal Refinancing Prospects appeared first on POWER Magazine.
Environmental, social, and governance (ESG) risks are diminishing the number of potential investors in U.S. merchant coal projects, and that is putting more pressure on already squeezed coal plant economics, Moody’s Investors Service said in a new sector report. The U.S. merchant coal plants, which are already grappling with persistently low power prices that […]
The post Moody’s: Carbon Concerns Denting Merchant Coal Refinancing Prospects appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing. The credit ratings agency for the first time this […]
The post Despite Financial Hurdles, Utility Capital Spending to Remain Elevated appeared first on POWER Magazine.
Read moreFor the first time since it began conducting sector outlooks, Moody’s Investors Service has downgraded the regulated utility sector from stable to negative. The new outlook reflects a surge in financial risks in the sector as more individual companies in the regulated space funnel funds to debt. Using an analysis of 42 of the largest […]
The post Increasingly Debt-Laden, Regulated Utility Sector Outlook Veers from ‘Stable’ to ‘Negative’ appeared first on POWER Magazine.
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