Hints and tips:
...However, 86 per cent of Monongahela’s generation fleet is coal-fired, its parent company FirstEnergy has disclosed. Prior to publication, Barclays declined to comment....
...It also hit out at the hedge fund’s “decidedly mixed results” in the utility sector, where it has previously taken stakes in Sempra Energy, FirstEnergy and Evergy....
...FirstEnergy transferred the plants to subsidiary First Energy Solutions in November 2016....
...FirstEnergy’s Jersey Central Power & Light said 166,000 customers were offline....
...The company is now among two dozen investor-owned US electric utilities to have pledged net-zero emissions by 2050, with Ohio-based FirstEnergy on Monday adding itself to the list with a plan to become carbon...
...Unbowed, FirstEnergy last week asked for a state of emergency to be declared in FirstEnergy’s power market — thus allowing it be better compensated....
...FirstEnergy, another large utility, last month announced a $2.5bn investment in shares and convertible preferred shares, backed by investors including Elliott Management and GIC, to pay off debt, contribute...
...Mr Wilder is a former chief executive and chairman of TXU Corp, a Texas utility company. The duo worked together before in campaigns against two other US utility groups, NRG Energy and FirstEnergy....
...Back in August, according to a letter from Robert Murray, chief executive of Murray Energy, to Rick Perry, the energy secretary, Mr Murray and Charles Jones, chief executive of FirstEnergy Corp, met with...
...Nine of the ten biggest groups — including FirstEnergy, Dominion Energy and Southern — had resolutions for greater climate change disclosure in the spring of 2017, eight of which failed to pass....
...FirstEnergy, which transports and sells electricity across the eastern US, climbed 4.8 per cent to $36.05 after reporting better than expected results, while peer CenterPoint Energy added 1.6 per cent to...
...The world’s biggest sovereign wealth fund is no longer able to invest in a slew of companies including Drax in the UK, AES, Dynegy and FirstEnergy in the US, Reliance Power and Tata Power in India, and multiple...
...The world’s biggest sovereign wealth fund is no longer able to invest in a number of companies including Drax in the UK, AES, Dynegy and FirstEnergy in the US, Reliance Power and Tata Power in India, and...
...Duke Energy slid 2 per cent to $70.91, Exelon declined 2 per cent to $30.76 and FirstEnergy weakened 1.6 per cent to $31.96....
...Dragon’s output by 2016 should rise by a third from 2014 levels, to more than 100,000 barrels per day, says FirstEnergy. Baillie thinks there may be potential beyond that....
...“This is a big vote of confidence on the quality and materiality of these assets,” analysts from FirstEnergy Capital said in a note....
...“This is a billion-dollar acknowledgment of last year’s Supreme Court ruling on title,” said Steven Paget, an analyst with FirstEnergy Capital Corp. in Calgary....
Independent operators are gaining market share from incumbent utility groups
...Wright (Corporate Finance), Seymour Pierce Ltd, Nominated Adviser & Joint Broker Richard Redmayne (Corporate Broking) John Simpson, Zeus Capital Limited, Financial Advisor Nick Cowles Hugh Sanderson, FirstEnergy...
...Shares in FirstEnergy, whose 1m customers in New Jersey still do not have power, after Hurricane Sandy, fell 3 per cent to $42.60....
...Gunvor became an equal partner with FirstEnergy and Boich by paying $400m for its third of the mine....
...Analysts at UBS described the ruling as positive for EFH, but generally negative for companies with low-emission portfolios such as Exelon, or those long on emissions permits such as FirstEnergy and NRG...
...US Steel Corp climbed 5.9 per cent to $28.03....
...Scana, Integrys, GenOn, FirstEnergy, Southern and AEP face losing the most as a proportion of their total capacity. Companies have become increasingly vocal about their concerns....
...companies access to significant resources under a relatively low-cost structure within a region that claims a better than average historical drilling success rate,” said Gerry Donnelly, vice-president of FirstEnergy...
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