For the past 40 years, the price of iron ore has been set annually in a negotiated deal between miners and buyers. Typically, the first large customer to cut a deal with a miner set the precedent for...
Norges Bank has disclosed ownership of 5.09% of Douglas Emmett stock.
NRG Yield announced Wednesday morning that it has agreed to acquire the Alta Wind facility from Terra-Gen Power. NRG Yield is majority-owned by NRG Energy.
Dynegy Inc. (NYSE: DYN) is one of the country’s largest electric power producers. In August, the company’s board announced an offer from the world’s largest private equity firm, Blackstone...
We have seen three issues so far since yesterday’s close to sell shares of stock and one offering still pending on the calendar for the week.  We have seen filings out of Ormat...
The deal between Rio Tinto plc (NYSE: RTP) and Japan’s Nippon Steel that cut the Japanese company’s iron ore price by a third does not appear to be acceptable to China’s steelmakers. Confirming...
Source: ThinkstockThe Union of Concerned Scientists (UCS) today released a new report that argues for closing more than 350 of the nation’s oldest — and dirtiest — coal-fired power plants. The...
When Dynegy Inc. (NYSE: DYN) reported earnings, or rather, losses, yesterday, the company also included the dreaded “going concern” statement telling investors that unless the company could...
Source: ThinkstockAny hope that Detroit can recover from decades of decay and poor management evaporated as its new emergency manager, Kevyn Orr, issued a report on his first 45 days on the job. The...
In mid-October, Exelon Corporation (NYSE:EXC) offered to acquire NRG Energy, Inc. (NYSE:NRG) in an all-stock deal at a fixed exchange ratio of 0.485 shares of Exelon stock for each share of NRG...
Solar thermal power company BrightSource Energy Inc. today filed a request with the Securities and Exchange Commission to withdraw its Form S-1 registration statement, effectively cancelling the...
In remarks this morning to a business group on Long Island, New York Federal Reserve President William Dudley noted that while US economic growth had picked up in the fourth quarter of 2011, we’ve...
Source: ThinkstockNRG Energy Inc. (NYSE: NRG) hit a new 52-week low in Monday’s trading session. Now, many could argue that investors should have been abandoning ship on the long way down. However,...
Fortis Merchant Banking has successfully closed syndication of a $280 million senior secured financing for Sherbino I Wind Farm LLC.  This west-Texas wind farm is a joint venture owned by BP...