By opening the field to far-flung deals, PUHCA’s repeal changes the merger game.
The repeal of the 1935 Public Utility Holding Company Act has attracted a surprising amount of attention in the business and consumer press. But while some analysts predict a wave of utility M&A activity, others are more sanguine about the change.
Analyzing the conservation effects of demand response programs.
Does demand response increase or decrease overall electricity usage?
New Opportunities: Dynegy Inc. announced that Carolyn M. Campbell has been named group general counsel-corporate finance & securities, and corporate secretary. Campbell joins Dynegy from Akin Gump Strauss Hauer & Feld LLP.
Should transmission owners get paid extra for distance and voltage?
People
Buying Time
Slowly and cautiously, utilities are moving back into growth mode.
The air is buzzing with talk of mergers and acquisitions (M&A). It can be heard in the boardroom and on the trading floor. Bankers hear it, and they see their deal backlog beginning to grow. Fund managers hear it, as they hunt for the best buys in the market before strategic investors snatch them up. Financial advisers and lawyers hear it, too; their phones are ringing more than they have in years.
An analysis of the strategic implications of the re-basing of power and utility industry valuations.
Commission policies need to recognize customer obligations and state commission decisions.
Building a system to evaluate the leadership's ability to meet corporate goals.
Whether utility leaders come from law, engineering, or finance, one thing can be said: Many of the new CEOs have had diverse experiences.