The Road Ahead
Two factors have great influence on winners and losers in the US energy market: oil prices and government policy...
A New Structure for MLP Roll Ups?
A structure that a manager of private equity and hedge funds plans to use to take the company public may open the door to “roll ups” of wind farms, ethanol plants, solar facilities and other proje...
Funding Ethanol Deals in a Turbulent Market
During the last six months, the appetite of private equity funds for investing in ethanol deals has gone from euphoric to cautious...
Ethanol Opportunities in the Next Round
The capacity to produce ethanol at US plants is expected to outstrip domestic demand for the fuel by the spring given the number of new plants that are under construction...
Municipalities Turn Again to Prepaid Gas Contracts
Municipal utilities are again using the proceeds from the sale of tax-exempt bonds to prepay for long-term supplies of natural gas...
PIPEs Clogged
PIPE offerings are a relatively fast way for public companies to raise capital in a private placement without the cost and delay of an underwritten public offering...
Environmental Update
The test for determining what wetlands in the United States are protected by the Clean Water Act remains unclear.
A Debt-Equity Swap
A debt-equity swap between a US company and the Mexican government produced income for the US company, but because the IRS guessed wildly at the amount, a US appeals court let the company off...