Energy industry

Gov. Gavin Newsom signed the bill to establish the wildfire fund, to be seeded with new bonds backed by an old utility ratepayer surcharge.

Mark Bonsall will take over the troubled South Carolina-owned utility and lead its restructuring and reform team.

A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

Lawmakers agreed to get bids for the state-owned utility, although a final decision on a sale won’t be made until 2020.

Achenbach, a former Moody’s analyst, opened AGVP Advisory to advocate for clean reliable energy and to do pubic finance consulting.

Austin Energy expects to reduce the cost of power from an East Texas biomass plant by buying the Nacogdoches facility.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

Mini-bond investors were damaged by the South Carolina-owned utility’s disclosure omissions, according to the suit.