Power asset prices plummet

The energy price boom may be over, but bargain hunters beware: the predicted sale of US generation assets is yet to occur. Kevin Foster reports

Energy merchant companies in the US are rushing to sell assets in order to strengthen their balance sheets. But analysts say relatively few transactions have taken place, and the drop in value of assets is largely due to lower wholesale power prices.

Dunham Cobb, a senior manager in the trading and risk management group at consultants Cap Gemini Ernst & Young in Houston, says: “Some assets have been sold for less than they were acquired for, but the real question is: why? Are companies selling

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here