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Utility wants to raise bills by 56% by 2030 in effort to stop investors walking away
...Accounts filed in January showed its parent company, HDF Holdings, lent a Luxembourg-based unit of the utility £150mn to replace third-party debt that was due to be repaid in December SES Water, which has...
...utility industry veteran said, highlighting “a little bit of nastiness underlying the letter”....
...The debt inside the regulatory ringfence — which surrounds the core utility and means it has to abide by regulatory conditions — plunged to little over half of its face value....
...“You end up with gold-plated utilities and high costs....
...While Thames Water’s management has long insisted that Kemble’s travails should not have an impact on the regulated utility, the water company’s bonds also traded down....
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
...The rush of capital and talent to northern Sweden is real....
...“The perceived trade off is that utility commissions lose control when large multinational utilities take over the local utility and that their ability to address things like service quality decreases....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Plus, Warren Buffett is sounding the alarm over wildfires and the utilities industry....
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...While the cooler natural climates in the northern US states, as well as northern Europe, has always been an attraction of building data centres there, warmer US states are now also keen to house the big,...
...That decision was later reversed, Northern Journal reported. Amazon has been more circumspect. Asked about the Talen deal, the company avoided using the word nuclear....
...Scotland and Northern Ireland remain in the state sector, and David Hall, visiting professor at the University of Greenwich, says globally about 90 per cent of water and sewage services are publicly owned...
...TerraPower and its utility partner PacifiCorp — a unit of Warren Buffett’s Berkshire Hathaway — said in October 2022 that they would study the feasibility of deploying another five Natrium reactors by 2035...
...Only utilities (a fixed income substitute at a moment of high rates) and energy (beset by low oil prices) have produced disappointing results....
...Duke Energy announced the appointment of Harry Sideris to president of the utility. Steve Young, executive vice-president and chief commercial officer, is retiring....
Data from Environment Agency prompts calls for government to declare national emergency
...He recently won board seats at utility AEP and airline JetBlue, and continues to pressure genomics specialist Illumina after ousting some of its directors last year....
...Portuguese utility EDP last week joined up with San Francisco-based hot-brick maker Rondo to pitch this to clients across Europe. There are still hurdles to clear....
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
Takeover saga reveals a staggering lack of consensus on what Australian utility might be worth
Political attempts to open up energy market have failed to change domination of a handful of companies
Keir Starmer says early stage technology would be among the schemes backed by GB Energy if party wins the election
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