Energy

Bernhard Capital Partners’ quest to privatize utilities stirs controversy

BCP wanted to pay the city well over $200 million, and assume another $200 million or so of LUS debt, in exchange for keeping most of the revenue the system would generate for at least two decades.

‘We are in the business of being essential’

Bernhard Capital Partners, ranking among the 300 largest private equity funds in the world, has its sights set on utility privatization but finding government partners is proving challenging—and controversial.

Louisiana’s biofuels market entry energizes timber industry

Gov. John Bel Edwards and other officials recently announced the construction of a $110...

Running a generator will cost more this hurricane season 

The last two hurricane seasons left swaths of Louisiana without power for weeks at...

With one coastal restoration project complete, work continues on larger ones

Louisiana has completed one of its biggest coastal restoration projects yet, and is at...

Should Louisiana end Entergy’s monopoly?

Like other investor-owned utilities, Entergy Louisiana is a for-profit monopoly. No matter how upset their customers get, they can’t take their business elsewhere. 
- Advertisement -

ExxonMobil, Chevron report unprecedented profits

Oil companies swam in record profits over the last few months at a time...

Magnolia Power purchases Iberville property for power plant

Magnolia Power LLC has purchased property for its planned renewable power plant from private sellers for $2.12 million, according to records filed with the Iberville Parish Clerk of Court’s Office.

LMOGA ‘encouraged’ by Senate Democrats’ energy security, climate package   

West Virginia Democratic Sen. Joe Manchin III and Senate Majority Leader Chuck Schumer struck an agreement Wednesday

Harvest Midstream purchases network of Louisiana pipelines, terminals

Harvest Midstream has announced its purchase of the remaining interest in Arrowhead Gulf Coast...