Utilities

The deep freeze, and Texas power market structure, left the state's public utilities with sky-high wholesale power bills and a trail of burst water pipes.

The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.

Facing resistance from the local investor-owned utility, the Colorado college town ended its bid to form a municipal utility and signed a new franchise deal.

University of Idaho's P3 could be a model for future university deals, according to Wells Fargo bankers.

South Carolina-owned utility Santee Cooper issued A-rated revenue and refunding bonds that achieved $134 million in net present value savings and drew $3.5 billion in orders from yield-starved investors.

A blaze in the wine country north of San Francisco more than quadrupled in size overnight to 11,000 acres.

Details of the pending investigation are sketchy but the legislation improved the value of a then-bankrupt FirstEnergy subsidiary's municipal bonds.

Puerto Rico's governor promotes an insider to run the power authority.

The Puerto Rico Electric Power Authority would save around $600 million by using alternative energy, according to a regulatory proposal.

Financial challenges posed by the COVID-19 pandemic have not slowed long-term capital initiatives at public power firms.