domestic regulated portfolio. Recently, management agreed to sell its no-moat 6.6-gigawatt Midwest generation fleet to Dynegy , identifying funding growth opportunities, reducing holding company debt, and initiating a stock buyback for the use of sale
Dynegy reported third-quarter adjusted EBITDA ..... tolling and capacity revenue at Moss Landing. Dynegy is currently assessing strategic options ..... expected early next year. During the quarter, Dynegy lined up financing for its planned acquisition
stable moat trend ratings. During the quarter, management agreed to sell its 6.6-gigawatt Midwest generation fleet to Dynegy for $2.8 billion, above our $2.0 billion-$2.5 billion estimate. Management highlighted funding growth opportunities
customers, and has been a significant distraction for management. Management recently sold its Midwest generation unit to Dynegy for $2.8 billion, well above our initial $2.0 billion-$2.5 billion estimate. We think this leaves Duke well positioned
Dynegy announced plans to acquire 6.1 GW of coal ..... Energy for $2.8 billion. Additionally, Dynegy will acquire 6.3 GW of coal and gas generation ..... trend. The transformative acquisition for Dynegy nearly doubles the company’s generation
Dynegy reported second-quarter adjusted EBITDA ..... auctions represents significant upside for Dynegy . We estimate each $15/MW-day increase ..... sheet efficiencies. Total liquidity at Dynegy was $1.2 billion at quarter-end.
PRIDE reloaded program, having already identified $60 million in EBITDA and $65 million in balance sheet efficiency targets for 2014. Total liquidity at Dynegy was $1.0 billion at quarter-end, up $91 million from year-end.
investment for environmental controls in our analyses for large coal plant owners such as American Electric Power, FirstEnergy, and Dynegy , so we are reaffirming our fair value estimates, moat ratings, and moat trend ratings. Higher capital investment for environmental
Dynegy management reaffirmed its 2014 adjusted ..... GW of announced coal plant retirements. Dynegy management identified 2.0 GW of additional ..... material upside to our valuation. We expect Dynegy to be an active participant in merchant
We also believe Ameren 's AEE (rating: BBB-, narrow moat) sale of its merchant Energy Resources Generating Company to Dynegy DYN reflects the changing utility landscape (that is, reduced diversified utility operators) despite our belief that select