Incumbent utilities using FERC 1-mile rule to challenge PURPA contract status.
CleanCapital series A funding for online platform for solar PV investing.
Natural gas supply might struggle to meet demand in ISO-NE. Could lead to higher prices.
US is at full employment. Fed rate hike in September not certain. Jobless claims remain rock-bottom. Japan will grow this year. Yen is competitive and global demand is strong so growth should remain robust for now. Utility company model broken. Move towards energy services and transmission. CA requires 50% of generation from renewables by 2030. Apple $1BN green bond UST + 100bps expected Aa1 rating. Sale arranged by BAML, GS and JPM. Investing in solar, hydro and biogas. Can sell power to the wholesale energy markets. AIB emerges from nationalization with 29% equity ownership listing or $3.5BN. Energy high-yield bond spreads are turning higher in response to the oil price weakness. NYC MTA new bond market issue. Potential positive impact on investor appetite. MTA has $37.8BN debt plans $700MM revenue bond and $500MM green bond. Clean energy outlook: