Electro Power Systems: 2016 Annual Results: Continued Growth Momentum
Electro Power Systems: Preliminary 2016 Revenues
Pepco deal, power prices, capacity markets, carbon caps: It’s been a wild ride for Exelon in 2014.
Growing electricity demand in Texas, environmental legislation in California, federal emissions regulations, and increasing market uncertainty may help Calpine establish a moat.
Its discount to peers neglects its steady cash flows and option value.
Despite their near-term challenges, we still see upside.