Hints and tips:
...Brookfield also partly owns electricity transmission business AusNet, which means the deal is likely to be scrutinised by competition regulators....
...A 1.2GW transmission line proposed by LS Power, an independent power producer, would run underground and under the bed of the Hudson river from the Catskill Mountains to New York City....
...An earlier deal between the companies for gas storage and transmission assets closed last year....
...New York-based LS Power, founded in 1990, primarily owns gas-fired power plants....
...As coronavirus rages and brings the global economy to a near standstill, bankers are once again roaming the corridors of power....
...Total daily US gas consumption for heat, power generation, industry and other uses was 74bn cu ft, government data show. Commodities are one of five investment strategies inside Citadel....
...Most are at least partially state-owned, but others, including the Hungarian subsidiary of Robert Bosch LLC, are not....
...His opportunistic $9bn play for Texas power transmission utility Oncor was upended by Sempra on Monday....
...EFH owns 80 per cent of Oncor, the crown jewel of the regulated transmission and distribution business that went bankrupt in 2014 under a huge pile of debt....
...Now EIG is looking to expand the port and develop new businesses, from container terminals to power plants and a rail connection — many of which have attracted Chinese interest....
...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....
...The shale revolution has pushed five US-based infrastructure fund managers – Energy Capital Partners, First Reserve, EnerVest, LS Power Group and Energy Investors Funds – into Infrastructure Investor’s annual...
...But step by step, we see barriers to business, household activity, and entrepreneurial activity dropping as power generation and distribution companies—and the government-owned transmission company—refurbish...
...Manitoba Hydro of Canada will manage the state transmission company....
...XP Power’s shares rose 12.5 per cent after the component maker said that customers were using cheap credit to upgrade equipment....
...Timken, which has a market capitalisation of about $5.6bn, will spin off its steel business within 12 months, it said, leaving it focused on bearings and power transmission equipment....
...Dish has lobbied hard for its proposals, but in response to the FCC chairman’s move cautioned that the restrictions over the transmission power could jeopardise its plans....
...Based on its business mix, it may even do better under the nuclear phase-out: 60 per cent of its energy-related income comes from thermal-power equipment, and another 20 per cent comes from transmission...
...The recent announcements from the Chinese government about the stimulus initiatives have highlighted rail lines, new energy and power transmission....
...(Financial Times) Tiger Asia admits guilt in $60m settlement: “Tiger Asia Management LLC, the New York-based hedge fund run by Bill Hwang, admitted illegally using inside information to trade Chinese bank...
...Its bandwidth will also be used to power the in-flight wireless internet service for JetBlue, the US carrier....
...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...
...Superconducting cables, which are being tested in pilot projects around the world, have the potential to transform power grids, allowing cost-effective long-distance power transmission and creating resilient...
...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....
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