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PUR Guide 2012 Fully Updated Version

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Tennessee Valley Authority

People

Magazine Volume: 
Fortnightly Magazine - December 2012

(December 2012) Tennessee Valley Authority named William D. Johnson president and CEO. Northeast Utilities appointed James W. Hunt as v.p. of regulatory affairs and community relations. Pepco Holdings Inc. promoted Donna J. Kinzel to v.p., treasurer and chief risk officer, Kevin M. McGowan to v.p., regulatory affairs, and O. Ray Bourland to v.p., public policy. And others...

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Jim Alberts
Jim Hunt
Bill Johnson
Patsy Nanbu
Ronald Jibson
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People
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Category (Actual): 
Talent & Succession Planning
People

Transactions

Magazine Volume: 
Fortnightly Magazine - October 2012

(October 2012) Exelon sells plants in Maryland and Cali; Mitsui buys into Viridity; Duke issues $1.2B; plus deals at TVA, Xcel, PG&E, etc. totaling $4.9B.

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Transactions
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Category (Actual): 
Transactions
Bonds / Debt Markets
Mergers & Acquisitions

Climate Exposure

Collecting on GHG Damage Claims
F. William Brownell and Curtis D. Porterfield
A state supreme court ruled last fall that damage resulting from climate change allegedly caused by power plant emissions was “reasonably foreseeable,” and therefore litigation expenses were not covered under a general liability insurance policy. The ruling creates an unworkable standard and raises questions about insurance coverage for climate-change liabilities.
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