Hints and tips:
...B&V, which will conduct the additional sustainability audit commissioned by Ofgem this year, was also selected by Drax in 2021 to help the company with research, engineering and technical support over a...
...EPRI, an energy research organisation, appointed Vince Sorgi, chief executive of PPL Corporation, as chair of the board....
...National Grid paid £7.8bn in 2021 to buy Western Power Distribution, a regional group, from US company PPL....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...“Because utilities’ asset values and revenue streams are both indexed to inflation and backed by regulatory guarantees, these industries are regarded as safe havens by investors,” he said....
...The group has revved up its activity with a flurry of large deals, including the acquisitions of a utility company in Indiana, the dog walking app Rover and a large portfolio of bank loans from US financial...
...B&V was also selected by Drax in 2021 to help the company with research, engineering and technical support over a three-year period.Under the UK rules, at least 70 per cent of a power generator’s woody biomass...
...The energy sector would be hardest hit under LGIM’s analysis, with more than 60 per cent of the value in the sector at risk over this timeframe as a consequence of carbon risks, while utilities and basis...
...Last year it bought Western Power Distribution, the UK’s largest electricity distribution business, for £7.8bn from PPL....
...UKPN, one of six monopoly network companies, has an RAV of £6.5bn, so £15bn already looked a heady price....
...When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet....
...WPD was bought by the UK’s National Grid group last year from the US utility PPL Corporation in a deal valued at £14.2bn....
...The UK’s National Grid group last year acquired Western Power Distribution from the US utility PPL Corporation in a deal valued at £14.2bn....
...Macquarie has spent about £50bn on UK utility infrastructure over the past 15 years....
...Plastic’s cheapness and utility simply led us to use and dispose carelessly of more and more of it....
...Last year, National Grid agreed to buy PPL Corp’s UK electricity distribution business for £7.8bn, while Macquarie bought a majority stake in Southern Water, one of the largest water monopolies, for £1bn...
...Pure renewable energy companies such as Denmark’s Orsted command high multiples....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...Utility timeframes are measured in decades. The dip in National Grid shares following news of a deal to acquire Western Power Distribution should therefore be ignored....
...The company on Thursday said it would buy WPD from American utility PPL Corporation. Alongside that deal, it will sell its Rhode Island gas and electricity business to PPL for $5.2bn, including debt....
...Or as Bank of America observed in a recent research note: “We have received feedback multiple times from a variety of environmentally conscious investors that they cannot invest in certain utilities due...
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts. Happy reading!...
...Terrestrial, utility-scale solar is very cheap now. In fact, in some places it's actually more competitive than coal....
...In exchange PPL will buy Rhode Island-based utility NECO from National Grid for an equity value of $3.8bn....
...Private companies have engaged in an early battle for market share....
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