Sail back

European power companies have got so big they are running out of growth opportunities at home. But there are plenty of opportunities in the US. The fragmented US power market is in dire need of new capital and can give the Europeans more bang for their buck. While the European utilities were coming together in the last decade, US utilities were being ripped apart. Many states deregulated their power markets by separating the power generation, transmission, and retail parts of the business into ...