You Tell ’em, Kevin

Lynne Kiesling I’ve been so busy that I’m late to the game, but Kevin Brancato’s reponse to President Bush’s inveighing us to drive less is bang on. Furthermore, Mr. President, I will not pretend that you have legal or moral authority to tell me how much gasoline I may purchase. I will not pretend that … More You Tell ’em, KevinMore You Tell ’em, Kevin

What Passes for Logic in Utility Finance

Lynne Kiesling NRG is purchasing Texas Genco, a generator largely serving Texas markets: Houston-based Texas Genco is owned in equal parts by affiliates of the Blackstone Group, Hellman & Friedman LLC, Kohlberg Kravis Roberts & Co L.P. and Texas Pacific Group. Texas Genco has a portfolio with more than 13,000 megawatts of generation capacity. It … More What Passes for Logic in Utility FinanceMore What Passes for Logic in Utility Finance

Long Day

Lynne Kiesling Howdy … phew! A long day, after a long week last week, in which I didn’t get to write here as much as hoped. Will try to catch up Tuesday. But that may be a challenge, as I am paired with John Irons of Argmax as this week’s Wall Street Journal Econobloggers. We’re … More Long DayMore Long Day