Lynne Kiesling
One of the consequences of the current financial market upheaval is MidAmerican’s buyout of Constellation Energy. See also the discussion at WSJ’s Environmental Capital of this and other possible consequences for energy industries.
Keith Johnson at WSJ also thinks that this move shows an interest on Warren Buffet’s part in nuclear assets.
Electricité de France has bid, and rebid in the face of rejection, for Constellation, arguing that the MidAmerican bid is too low. However, Constellation is not going for it, in part because of the increased national security scrutiny that would accompany foreign ownership of nuclear power plants.
We live in interesting times …