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home / news releases / BUYN - 3 Reasons A Re-Rating Is Justified In The Global Utilities Sector


BUYN - 3 Reasons A Re-Rating Is Justified In The Global Utilities Sector

By Jean-Hugues de Lamaze, Senior Portfolio Manager at the Ecofin Platform of Tortoise in the UK, in London

Today, we would like to talk about utilities worldwide. A key day to speak about utilities actually as we just heard this morning additional negative news about California’s PG&E (PCG), one of the largest utility groups in the U.S. The judge has decided to terminate PG&E’s exclusivity, meaning this will most likely increase dramatically the compensation amounts related to wildfires of the past couple of years, thereby accelerating the company’s fall. So a dramatic situation. PG&E actually

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Stock Information

Company Name: USCF SummerHaven SHPEN Index Fund USCF ETF Trust
Stock Symbol: BUYN
Market: NYSE

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