NSTAR NST
-
Management Meeting: Gas Conversions and Financing Benefits Drive Attractive Growth Outlook
… current low interest rates, retiring $680 million of legacy debt and issuing $950 million of new debt since its merger with NSTAR last year. Management detailed plans to refinance and add to the $550 million of parent debt due this year. Given regulators …
-
New Morningstar Analyst Report - Northeast Utilities
… out its infrastructure.Making the NSTAR merger accretive depends on Northeast ..... debt/capital target. Folding in NSTAR 's cash-flow rich operations should ..... shares in early 2012 to complete its NSTAR acquisition. Refinancings in 2012 …
-
Credit Outlook: Sector Updates and Top Bond Picks
… Representative deals that closed in 2012 include all-stock mergers between Northeast Utilities NU (rating: BBB) and Nstar ; Exelon EXC (rating: BBB+) and Constellation Energy; and Duke Energy DUK (rating: BBB+) and Progress Energy …
-
VPU Vanguard Utilities ETF ETF Analysis, Report, Research, 5 Star Rating – Morningstar
… several years have included Exelon's EXC acquisition of Constellation Energy and Northeast Utilities' NU purchase of NSTAR . Most recently, NRG Energy NRG acquired GenOn Energy in December 2012 in a $1.7 billion deal. If power prices remain …
-
XLU Utilities Select Sector SPDR ETF Analysis, Report, Research, 5 Star Rating – Morningstar
… several years have included Exelon's EXC acquisition of Constellation Energy and Northeast Utilities' NU purchase of NSTAR . Most recently, NRG Energy NRG acquired GenOn Energy in December 2012 in a $1.7 billion deal. If power prices remain …
-
IDU iShares Dow Jones US Utilities ETF Analysis, Report, Research, 5 Star Rating – Morningstar
… several years have included Exelon's EXC acquisition of Constellation Energy and Northeast Utilities' NU purchase of NSTAR . Most recently, NRG Energy NRG acquired GenOn Energy in December 2012 in a $1.7 billion deal. If power prices remain …
-
Transmission Growth and Merger Benefits Disguising Continued Woes at Northeast Utilities
… inclusion of nine months of earnings following its merger with NSTAR in April 2012. NU reported $2.28 EPS in 2012, in line ..... key growth driver, up 25% from 2011 with the addition of NSTAR 's transmission business and additional investment. NU …
-
Almost 150,000 without power in Boston area after snowstorm
… the weekend. The following is a list of some of the hardest hit utilities. Power Company Holding Company State Out Now NSTAR Northeast Utilities MA 91,800 National Grid - RI National Grid RI 24,000 National Grid - MA Na
-
Massachusetts OK's Cape Wind/ NSTAR power purchase pact
(Reuters) - U.S. offshore wind farm developer Cape Wind said on Monday that Massachusetts utility regulators approved a 15-year power purchase agreement with power company NSTAR to buy Cape Wind's energy, capacity and renewable energy credits.
-
Management Meeting: Storm Cost Recovery, Merger Synergies Remain Key Topics for Northeast
… 70, up from $0.51 in the third quarter of 2011. The year-over-year changes included NSTAR results after the merger closed in April. NSTAR contributed an incremental $0.33 EPS in the quarter, partially offset by $0.28 EPS dilution …