Energy industry

The deal has a relatively high exposure to commercial and industrial customers. Non-residential ratepayers account for 55% of its customers and about 47% of its revenue.

The public retirement fund, one of the biggest in the US, said four years ago it would review all of its fossil-fuel holdings as it sought to reduce investment risks linked to climate change.

Solar Mosaic offers loans for residential solar energy systems with tenors of five to 25 years, a decrease of 10 to 30 years under previous loan offerings.

Americans are reminded about high gasoline prices daily, every time they drive. Another energy cost comes to their attention monthly: utility bills.

Entergy Louisiana’s system restoration property encompasses a large service territory that spans 58 parishes, serving about 1.1 million electric customers.

Power supply and distribution customers are virtually identical, but the trust will not cross-collateralize the two revenue streams to service the debt.

Shale drillers -- some of them just emerging from bankruptcy -- racked up a staggering $42 billion in new debt in the first half of the year.

Most of the coal plants that feed the biggest U.S. power grid will soon no longer be economic to run after prices in a key auction plunged to the lowest in 11 years.

Utilities earn a regulated return on investment in new stuff, so there are quantifiable gains to be made on greening their asset base.

The industry’s turmoil, including 'strategic options' being pursued by corporate debt obligors like Transocean and Seadrill, has sparked the biggest wave of restructurings since 2017, when the effects of the last oil price downturn reverberated through the industry.

Banks lending against the oil and natural gas reserves of hundreds of independent U.S. drilling companies have pulled back from the sector at an unprecedented rate this year after oil and gas prices slumped.

Bankers had asserted in April that they could handle a slump in oil prices tied to the coronavirus pandemic. Continued volatility, combined with declining collateral values and a rise in bankruptcies for exploration companies, is denting their confidence.

Weak demand for oil and gas, brought on by the economic fallout of the coronavirus outbreak, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of potential problems.

Laredo Petroleum Inc. and Oasis Petroleum Inc. are among at least six producers whose ability to secure short-term loans against their oil and natural gas reserves have dropped by 10% or more.

The bank gained $45 million in PACE financings, which let homeowners pay back the costs of efficiency projects over time.

The rating agency has developed rating criteria for bonds backed by oil and gas royalties, though such deals would be capped at the 'A' rating category.

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.