News

President-elect Barack Obama made energy policy one of his top priorities. This will likely affect utilities in the following three areas: (i) Implementation of a federal renewable energy quota - this would create investment opportunities for regulated utilities and developers such as FPL Energy. (i...

As equity markets seem to be paralyzed, we observe positive news flow from the clean energy industry:

Firstly, the Californian Governor - Arnold Schwarzenegger - has declared to support a change in law, which would oblige utilities to source one third of their power from renewable sources until 20...

FPL group, the largest operator of wind generation in the U.S., is reducing its 09 wind turbine additions from 1,500 MW to 1,100 MW due to the difficult economic situation. Spanish wind-turbine maker Gamesa reported adjusted 9-months net profit of EUR143 million (+67%), driven by strong internationa...

We are attaching two recently published articles on themes, which are relevant to the EIC funds. In an interview, the EIC portfolio manager Andreas Schneller explains why electric utilities have attractive features in an economic downturn (published in Le Temps on October 13). The other article expl...

As index heavy weights, many utility stocks suffered under the turmoil of global equity markets. This being said, many utilities are well positioned to cope with the challenges of the near future. Stable cash flows and modest leverage is the convincing response to economic downturn and credit crunch...

Californian utility PG&E has signed contracts to buy a total of 800 MW of solar energy from OptiSolar and SunPower. Privately held Optisolar's 550 MW Topaz Solar Farm project is expected to begin delivering power in 2011, while SunPower's 250 MW project is expected to start power delivery in 2010. T...

The pending IPOs of German solar companies Schott Solar and EverQ as well as the large scale solar power plant build announcements by Californian utility PG&E have reignited the interest in the solar sector. Please refer to the PDF document below to view a related article published in the newspaper ...

Please refer to the PDF document link below to view the presentattion held by EIC Partners' Stephan Truffer, CFA at the Academy & Finance Conference in Geneva.