UtilityManagement

PG&E CEO Calls for California's Support to Restore Investor Confidence Post-Wildfire

2 months ago

In a recent statement, the CEO of Pacific Gas and Electric Company (PG&E) emphasized the urgent need for assistance from California authorities to regain the confidence of investors following a tumultuous period marked by devastating wildfires. The conversation sheds light on the ongoing challenges faced by the utility giant, which has been grappling with the repercussions of massive liabilities tied to wildfires linked to its infrastructure.

Macquarie's Challenges with Southern Water: A Divergence from Thames’ Model

5 months ago

In a recent declaration made by Ofwat, the water regulatory authority in England and Wales, it has been made clear that Macquarie’s management of Southern Water will not be conducted in the same fashion as its oversight of Thames Water. This announcement underpins the complexities and unique challenges that Southern Water faces, distinct from those encountered by Thames, which has become a focal point in discussions surrounding the future of water management in the UK.