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Re: Offering of Subscription Receipts of Pembina Pipeline Corporation TD Securities Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., as Lead...
PEMBINA PIPELINE CORPORATION TREASURY OFFERING OF SUBSCRIPTION...
The Department of Public Utilities approved SouthCoast Wind's proposal to pay utility companies a combined $60 million and terminate contracts it previously...
But as the nascent offshore wind industry continues to face growing pains, Commonwealth Wind officials have argued for months that they can no longer finance the project under previously reached contracts with utilities due to increasing price pressures tied to the Russian invasion of Ukraine. With the pool of competitors limited, Avangrid higher-ups are taking a calculated risk that after walking away from existing agreements, they can win another round of bidding and secure better contract terms that will make the installation viable.
In its bid to win Department of Public Utilities approval to scrap energy contracts for a 1,200-megawatt offshore wind installation, Commonwealth Wind has secured the backing of a potentially influential