Private advantage

Journal Article · Tue Mar 01 04:00:00 EST 1988 · Alternative Sources Energy; (United States)

OSTI ID:6980699

Marier, D; Stoiaken, L

At least a half dozen independent power producers put out initial public offerings in 1985-86 and the experts were projecting more to come. Most executives of private development companies admitted that they had at least taken a hard look at going public. Several quarters worth of disappointing earnings and the October market crash have brought attention back to the activities of private companies. Fortunately for the industry, at about the same time public-equity markets were closing down, new sources of debt and equity were entering the field in a big way-including insurance companies, pension funds, and utilities. While the development should be good news for all companies in the field (private equity is not necessarily earmarked for private companies), the impact of the crash has made it more difficult for public companies to make their case to the new equity players. The newest players, the unregulated utility subsidiaries, the fastest growing segment in the industry, are probably in a position to put a major dent in the business.

• OSTI ID: 6980699
• Journal Information: Alternative Sources Energy; (United States), Journal Name: Alternative Sources Energy; (United States); ISSN ASEND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
296000* -- Energy Planning & Policy-- Electric Power
ELECTRIC UTILITIES
FINANCING
INVESTMENT
LENDING INSTITUTIONS
OWNERSHIP
POWER GENERATION
PUBLIC UTILITIES