Energy and the capital markets
Journal Article
·
· Pub. Util. Fortn., v. 93, no. 3, pp. 33-38
OSTI ID:4331641
The urgency for the search for new sources of capital and lower costs of financing for the investor-owned utilities is discussed. The external financing requirements of the electric utilities will jump from billion in 1973 to billion in 1977. Utility financing is now more complex. Utilities may have to finance nuclear fuel cores, coal mines, pipelines, storage terminals, and ships, as well as equipment to control pollution connected with utilities. The maintenance of current earnings levels will be a function of rate relief and this is the only solution to the industry's ability to raise equity capital. (MCW)
- Research Organization:
- Originating Research Org. not identified
- NSA Number:
- NSA-29-020444
- OSTI ID:
- 4331641
- Journal Information:
- Pub. Util. Fortn., v. 93, no. 3, pp. 33-38, Journal Name: Pub. Util. Fortn., v. 93, no. 3, pp. 33-38; ISSN PUFNA
- Country of Publication:
- Country unknown/Code not available
- Language:
- English
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