August 11, 2016

From The Washington Post We’re at a time of deeply ambitious plans for clean energy growth. Two of the U.S.’s largest states by population, California and New York, have both mandated that power companies get fully 50 percent of their electricity from renewable sources by the year 2030. Only, there’s a problem: Because of the particular nature of clean energy

From Bloomberg: Low oil prices have created an opportunity for long-term investors to snap up quality energy assets at a discount, according to Mark Machin, chief executive officer of Canada Pension Plan Investment Board. The country’s largest pension plan has purchased energy assets worth C$4.1 billion ($3.15 billion) since the end of March through its various subsidiaries, making it the second-largest

From Bloomberg: The long wait may finally be over. Since the great crash of oil in mid-2014, more than $100 billion has been raised by buyout firms and distressed-debt funds eager to scoop up energy assets on the cheap. But as the months rolled by, few opportunities cropped up as cash-starved drillers limped along with the help of their bankers.