Before its interim period before long-term contracts kick in, Sempra Energy is looking for spot market liquefied natural gas (LNG) shipments to line up following the completion of some test shipments that are due in the second quarter on the West Coast, Sempra CEO Donald Felsinger told financial analysts on an earnings call last week.
Mortgage
Articles from Mortgage
Credit Crunch Slows Energy Project Finance; Outlook Uncertain
The subprime mortgage-related credit crunch already has led to a significant slowdown in energy project finance, and its effects likely will be felt through 2008, according to energy consultants with Washington, DC-based Pace Global Energy Services.
January 17, 2008
PG&E Utility Okayed by Bankruptcy Court to Pay Off $281 Million in Bonds
As part of its ongoing Chapter 11 bankruptcy proceeding, the court approved Pacific Gas and Electric paying $281 million of 6.25% first mortgage refunding bonds that mature Aug. 1. The PG&E Corp. utility will pay the bondholders from its current available cash, which totaled $3.49 billion on May 31, 2003.
July 23, 2003
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