Infrastructure

What’s to Blame for Boston-Area Natural Gas Explosions?

Posted: September 14, 2018 at 8:25 am

At least 70 homes in the Boston area have been damaged or destroyed since Thursday afternoon in a series of explosions and fires due to an as-yet-unknown problem with the ...
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Can Russia Turn Out All the Lights in New York City?

Posted: July 24, 2018 at 6:25 am

Can the Russians do what hot weather and a weak electric grid did to New York City in 1977 and 2003? Virtually all of New York City and much of ...
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FirstEnergy Solutions Bankruptcy Could Take a Long Time

Posted: April 19, 2018 at 1:55 pm

When FirstEnergy Corp. (NYSE: FE) subsidiary FirstEnergy Solutions (FES) filed for bankruptcy on the last day of March, the engine started running on what could be a procedure that takes ...
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Cemex Upgrade Sees Bad News All Priced In

Posted: April 9, 2018 at 10:20 am

CEMEX SAB de C.V. (NYSE: CX) has had a rough year, with much of the ongoing trade war risks putting Mexico at risk due to NAFTA being renegotiated by the ...
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Why FirstEnergy Subsidiaries Seek Bankruptcy for Merchant Power Business

Posted: April 2, 2018 at 8:25 am

On Sunday, electric utility FirstEnergy Corp. (NYSE: FE) announced that its merchant power subsidiary, FirstEnergy Solutions, and its nuclear operating company voluntarily filed for Chapter 11 bankruptcy protection. Not included ...
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Actually, California Regulations Can Occasionally Be Positive

Posted: March 14, 2018 at 12:50 pm

If there is one state that comes to mind with high taxes and higher regulations that go above and beyond federal ones, it would be California. It turns out that ...
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Duke Energy Slides on Mixed Q4 Results

Posted: February 20, 2018 at 11:40 am

When Duke Energy Corp. (NYSE: DUK) reported its most recent quarterly results before the markets opened on Tuesday, the utility giant posted $0.94 in earnings per share (EPS) on $5.85 ...
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Virgin Group To Build Hyperloop In India, Serve 26 Million People

Posted: February 19, 2018 at 6:21 am

Richard Branson, head of The Virgin Group, announced the company plans to open a hyperloop in India. It will serve 26 million people and carry as many as 150 million ...
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Can Trump Administration Deliver the Coal and Boost FirstEnergy?

Posted: February 9, 2018 at 10:10 am

The Trump administration, particularly Energy Secretary Rick Perry, suffered a major setback last month when the Federal Energy Regulatory Commission (FERC) rejected Perry's proposal to pay coal plant operators for ...
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5 Ultra-Safe Utilities to Buy as Market Volatility Skyrockets

Posted: February 9, 2018 at 8:20 am

If there is any sector that is safe when the going gets treacherous it’s the utilities, and with good reason. Regardless of the economy or other circumstances that affect consumers ...
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Eversource Wins Power Transmission Project Contract

Posted: January 26, 2018 at 8:30 am

Massachusetts-based electric utility Eversource Energy (NYSE: ES) announced on Thursday that the company had won a bid from the state to build a new transmission line to transport Canadian-generated electricity ...
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Puerto Rico Moves to Privatize Its Electricity, but Competition Is Also Badly Needed

Posted: January 24, 2018 at 9:15 am

After nearly 40 years, Puerto Rico is finally privatizing its power utility company, the Puerto Rico Electric Power Authority (PREPA). But it may not be enough. With 36% of residents ...
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FirstEnergy Gets $2.5 Billion Investment

Posted: January 22, 2018 at 10:40 am

Electric utility FirstEnergy Corp. (NYSE: FE) announced Monday morning that it is receiving a $2.5 billion equity investment from affiliates of Paul Singer's Elliott Management, Bluescape, GIC and Zimmer Partners. ...
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5 Analyst Top Pick High-Dividend Utility Stocks to Buy for 2018

Posted: December 29, 2017 at 8:30 am

We have mentioned this numerous times recently, but we are currently in one of the longest stretches in the stock market without a 5% decline. Typically there are three a ...
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Blackstone Continues With Billions of Dollars Heading Into Its Infrastructure Fund

Posted: November 7, 2017 at 12:29 pm

Blackstone Group L.P. (NYSE: BX) is no stranger to big announcements and big investments. After all, the private equity giant recently showed that it had over $387 billion in assets under ...
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