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Energy & Utilities

Why Wall Street turned its back on junk bonds


The junk bond market, one of the biggest beneficiaries of easy money, has screeched to a halt.

CT Water, SJW withdraw PURA application

Joe Cooper |

Clinton-based Connecticut Water Service and California's SJW Group on Wednesday withdrew their application to state regulators to combine in a proposed $1.1 billion deal.

Imperiled $1.1B CT Water deal hits another regulatory setback

Matt Pilon |

Threatening to sink SJW Group's proposed $1.1 billion acquisition of Clinton-based Connecticut Water Service, the Public Utilities Regulatory Authority has declined to reopen its review of the deal...

More coal-fired power plants have closed under Trump than in Obama's first term


It sits on the banks of the Monongahela River like a monstrous monument to extinction.

The 3 biggest risks to stocks in 2019

CNN Business |

After such a volatile 2018, predicting what the US stock market will do in 2019 is like guessing where a single piece of paper will land in a windstorm.

Millstone victorious in quest for CT power contract

Matt Pilon |

Capping an approximately three-year lobbying push at the state Capitol by Dominion Energy, Connecticut's sole nuclear plant has won a state-assigned contract that will enable it to sell approximately...

PURA weighs amnesty for electricity supplier billing violations

Matt Pilon |

Several competitive or third-party electricity suppliers operating in Connecticut aren’t following tightened rules about notifying customers of their upcoming rates, according to consumer...

Eversource rides CT Water deal to the end

Matt Pilon |

With a key regulatory decision looming that could make or break Connecticut Water's $1.1 billion deal with a California company, spurned suitor Eversource remains very much in the mix.

Lamont nominates utility chair Dykes to head DEEP

Matt Pilon |

A top energy official in the Malloy administration could be playing an even bigger role in the incoming Lamont administration.

CT Water, SJW sweeten $1.1B deal for state regulators

Joe Cooper |

Connecticut Water Service Inc. and the California company attempting to acquire it for $1.1 billion recently offered a new slate of commitments to state regulators, who preliminarily denied the...

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