Despite reporting increased profits for all of 2008, Edison International senior executives were verbose about depressed natural gas prices, but downright closed mouth March 2 regarding a delayed general rate decision for its utility, Southern California Edison Co. (SCE). The lower gas prices, executives said, may impact near-term prospects for the holding company’s independent power unit, Edison Mission Group (EMG), which had a rough fourth quarter last year.
Verbose
Articles from Verbose
NorthWestern Fires Back in Debate Over Black Hills Offer
In what is becoming an extremely verbose war between neighboring South Dakota energy holding companies, NorthWestern Corp. Monday fired off another letter to its pursuer, Black Hills Corp., reiterating that its board has not rejected the Black Hills’ offer to start serious merger talks, and it wants to consider the offer as one of several strategic alternatives, but only after a confidentiality agreement between the two companies is hammered out. Black Hills is balking at the current confidentiality proposal.
December 13, 2005
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
