Hints and tips:
...Brookfield also partly owns electricity transmission business AusNet, which means the deal is likely to be scrutinised by competition regulators....
...An earlier deal between the companies for gas storage and transmission assets closed last year....
...The National Oceanic and Atmospheric Administration, a federal agency, said last month was the hottest June on record in America, as a climate change-fuelled 1,000-year heat event baked the Pacific Northwest...
...We have seen a spurt of dealmaking over the past two weeks — Uber bought Postamates for $2.65bn while Berkshire Hathaway paid $9.7bn to take over Dominion Energy’s natural gas transmission business — but...
...Documents filed with the Federal Energy Regulatory Commission show that Citadel has contracts to use gas pipelines including Kern River Transmission, which runs from Wyoming to California, and Rockies Express...
...People were giving each other the elbow . . . instead of shaking hands to avoid transmission. Some had started doing it as a joke while others were taking it very seriously....
...Pacific Gas and Electric Company has devolved into a hate object for millions of outage-darkened customers....
...PG&E and its subsidiary, Pacific Gas & Electric, already had their credit ratings downgraded by the three primary rating agencies in November....
...His opportunistic $9bn play for Texas power transmission utility Oncor was upended by Sempra on Monday....
...National Grid, which operates Britain’s gas transmission system, has estimated that by 2030 more than 60 per cent of UK gas will be imported....
...The Westinghouse company engaged in fierce competition with Edison, dubbed the “war of the electric currents”, with both vying to lead the introduction of electric power transmission systems....
...Grid operators such as PJM were accustomed to ensuring extra capacity was in place to deal with summer heatwaves and sagging transmission lines....
...KKR and TPG, along with the buyout arm of Goldman Sachs, bought the former TXU in 2007 for $48bn at the height of the private equity boom in a bet gone wrong that natural gas prices would rise....
...The company, which operates regulated power transmission networks concentrated in central and southern Scotland as well as north Wales and northwest England, saw profits at this division slip from £602m...
...Melissa Cook, CFA, is founder and managing director of Africa Sunrise Partners LLC, an investment advisory and consultancy on Africa....
...A storage space contains a gas-fired barbecue, chairs, tables and solar-powered lights that can be hung from a retractable awning....
...Manitoba Hydro of Canada will manage the state transmission company....
...But the deal hit trouble when natural gas prices fell. The private equity owners hedged the risk of gas prices falling for five years....
...In the US, a “nuclear renaissance” touted just a few years ago has receded as the weak economy and exploitation of local shale gas has brought down prices of conventional thermal fuel....
...(Financial Times) UK gives green light to fracking: The UK has finally given the go-ahead to drilling for gas trapped underground in shale rock....
...Weekend headlines from the FT and other UK media:* From The FT, - Hansen Transmissions soars 91% after ZF Friedrichshafen bid - Trading Emissions shares hit two-year low - IAG returns...
...JPMorgan Chase this year bought RBS Sempra’s global oil, metals, coal and European power and gas businesses and its book of North American natural gas and power deals....
...Government bodies, including the Northwest Regional Development Agency, launched a mission in 2006 for the region to become a leader on climate change....
...The National Grid, which operates the gas transmission system, said the gas supply would be restored on Friday for most of the companies as the UK’s critical gas position eases. ”The weather is getting...
...That is only 2 per cent of the cars on its roads, but, constantly in use, they account for one fifth of its transport-related greenhouse gas emissions....
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