Peabody

Schneiderman Targets Peabody Energy

Shareholder Protection or War on Coal?

Why did Schneiderman sue Peabody? Because Peabody is America’s biggest coal company. He also likely wanted to establish a precedent before launching a Martin Act investigation of even bigger game: ExxonMobil.

Transactions (May 2015)

FuelCell Energy closed its definitive agreement to sell a 1.4-MW fuel cell power plant project to NRG Energy; FPL proposes to purchase CBAS Power for a price of $520.5 million; Renewable Energy Trust secured CAD $115MM in financing to acquire the 12.6 MW DiscoveryLight and 14.2 MW FotoLight projects from Canadian Solar; b secured $86.2MM in financing to acquire the 31.26 MW DC McHenry Solar PV Plant in Modesto, Calif. and the 13.1 MW DC Heber Solar PV project in Imperial County, Calif.; Peabody Energy completed its offering of $1.0 billion aggregate principal amount of 10% senior secured second lien notes due 2022; AES intends to offer $575 million aggregate principal amount of senior notes due 2025; And others ...

Constitutional Controversy

Can EPA’s Clean Power Plan Pass Muster?

The Clean Power Plan’s fate may hinge on whether the federal government is seen as usurping states’ rights under the Fifth and Tenth Amendments. Harvard’s Law School professors debate the issue.

Radical Candor

Making ‘Clean Coal’ More than an Oxymoron.

Are clean coal efforts likely to fail? Yes. Does that mean investing is foolish? No. Here are eight ways I think the industry should change its clean coal messaging if it wants to win over the people who matter most.

The Reselling of Coal

Its future rests with new technologies – not outdated PR.

If advanced coal generation is to reach fruition, then the coal sector will need a federal partner – one that it cannot afford to continue alienating.