SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Dynegy Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (52)5/27/2002 12:11:49 AM
From: Raymond Duray  Respond to of 208
 
Thanks Softechie,

The WSJ article presents the usual boilerplate.

The good news for us concerning the local plant plan is that Wall Street is not going to look favorably at financing a plant with the current power surplus on the West Coast. Nor will it be inclined because of the implications for credit ratings. I see Aquila as trying to consolidate a lot of loose ends for a while, and not go on a construction spending spree.

BTW, one industry term for megawatt laundering is "bragawatts". These trader types really need re-education into some useful career. At present they are worse than useless. They're a parasitic monstrosity.



To: Softechie who wrote (52)5/27/2002 1:40:30 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 208
 
"Mills also said he viewed wash transactions, in which the same amount of energy is bought and sold at the same price, as being used by firms seeking to increase trading volume at an accelerated pace."

Almost sounds like Mills thinks the wash transactions are a legitimate business practice.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News