The private equity behemoth’s bid to acquire New Mexico’s largest electricity provider could be null and void. Will regulators be bold enough to apply the law?
electric utilities
Posted inEnergy and the Environment
Meet the Members of Congress Trying to Cut Your Power Bill
As runaway utility bills squeeze ratepayers across the country, elected officials are escalating efforts to rein in investor-owned utilities—and not just with legislation.
Posted inEnergy and the Environment
Demands for Data Center Moratoriums Surge
Americans are getting wise to the threats posed by the lightly regulated facilities competing with humans for resources.
Posted inEnergy and the Environment
Why Californians Will Pay $340 More for Electricity Next Year
The state public utility commission is poised to approve a rate of return that critics say overcharges customers by $4.4 billion per year.
Posted inEnergy and the Environment
Private Equity’s Utility Spending Spree Threatens New Mexico
Two firms are vying for control over much of New Mexico’s energy infrastructure, but consumer advocates are fighting back.
Posted inEnergy and the Environment
Lightning in a Bottle
Regulatory capture is at the root of the affordability crisis in electricity. Public power could offer a way out.
Posted inEnergy and the Environment
Florida Electricity Consumers Burdened With Historic Rate Hike
The state’s largest electric utility picks a fine time to land in the middle of the affordability debate and the 2026 campaign season.
Posted inEnergy and the Environment
The Electric Bill Election
On Tuesday, the soaring cost of power was a key factor in several races, including those in Georgia, Virginia, and New Jersey. Democrats have a plan that can match their economic populist rhetoric.
Posted inEnergy and the Environment
BlackRock Just Bought a Minnesota Utility
When the PUC rendered its final decision on Friday, the Prospect was there to witness it.
Posted inEnergy and the Environment
Private Equity Power Play in Minnesota
BlackRock-owned Global Infrastructure Partners and a Canadian pension giant want to buy a Minnesota-based utility. Gov. Tim Walz’s agencies have been in on pushing the deal.