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