Energy industry

JEA terminated former managing director Aaron Zahn without cause; the city attorney’s office is investigating if Zahn should be fired for cause.

The Jacksonville, Florida-owned utility’s managing director and chief financial officer were both fired amid turmoil over a privatization process, which was canceled.

Public backlash and procedural missteps led the Jacksonville, Florida municipal utility’s board to end negotiations with potential bidders.

While JEA pursues a potential sale, some Jacksonville city council members are pushing back against the potential privatization.

The board overseeing the Jacksonville-owned municipal electric, water, and sewer utility plans to decide by March if JEA should be be privatized.

The South Carolina-owned utility redeemed $360 million as part of a two-year plan to reduce debt and stabilize electric rates for five years.

The Jacksonville, Florida, municipal utility received 16 bids from buyers wanting to purchase its electric and water systems.

Moody's Investors Service said the uptick in prepaid gas volume reflects a wider spread between tax-exempt and taxable yields.

Municipal utility MEAG is preparing to issue $725 million of bonds to finance a portion of its share of work at Plant Vogtle.

Court filings cite Santee Cooper internal communications that differ markedly from public disclosures about a nuclear power project that went on to fail.

Thousands of voters want the constitutional amendment on the 2020 ballot while utilities and groups ask the Florida Supreme Court to strike it down.

Political leaders are weighing privatization for Jacksonville, Florida’s JEA and South Carolina’s Santee Cooper.

The Ohio law replaces a ratepayer surcharge for renewable power with one that subsidizes two of the firm's nuclear generation facilities.

The unrated 40-year bond issue was marketed to sophisticated institutional buyers familiar with the legal dispute between MEAG and Florida's JEA.

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.