|As we transition to the Internet of Energy, utilities are heading for trouble. And, Wall Street is beginning to recognize that utility bonds are simply not safe for investment purposes. Wall Street Firms Step Up Warnings About Distributed Energy’s Threat to Utilities reports:
In recent months, Citigroup, Bank of America, Goldman Sachs and UBS have issued economic analyses or downgrade warnings for the power sector, calling distributed generation an existential threat to electricity providers. These don't even include the series of reports from Wall Street projecting the coal industry's decline.It's nice to see that Wall Street is echoing our warnings, finally.
Monday, June 02, 2014
Wall Street's Utility Bond Warnings
Posted by Unknown at 15:02