utilities

Sunburst Hack Costs SolarWinds At Least $18M
Technology

Sunburst Hack Costs SolarWinds At Least $18M

The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.
By Matthew Heller | April 14, 2021
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Moving Beyond ‘Survive-at-All-Costs’ Mode
Technology

Moving Beyond ‘Survive-at-All-Costs’ Mode

Expensive quick fixes are helping companies endure COVID-19 but they are not sustainable over a prolonged period of heightened volatility.
By Vincent Ryan | February 3, 2021
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Sempra Energy Beats out Buffett for Oncor
Strategy

Sempra Energy Beats out Buffett for Oncor

The utility operator will acquire Oncor's bankrupt owner for $9.45 billion, adding Texas' largest power transmission system to its portfolio.
By Matthew Heller | August 21, 2017
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IPO Values Green Energy Firm at $22 Billion
Strategy

IPO Values Green Energy Firm at $22 Billion

Germany's largest initial public offering in 16 years will raise 2 billion euros for Innogy, the renewable energy business of utility RWE.
By Matthew Heller | October 10, 2016
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U.S. Industrial Output Falls 0.5% in February
The Economy

U.S. Industrial Output Falls 0.5% in February

The larger-than-expected decline reflects sharp drops in the mining and utilities sector that outweighed an increase in manufacturing.
By Katie Kuehner-Hebert | March 16, 2016
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Fortis Makes Big U.S. Utility Play With ITC Deal
Regulation

Fortis Makes Big U.S. Utility Play With ITC Deal

Canada's largest utility owner buys a Midwest electricity transmission provider for $6.9 billion.
By Matthew Heller | February 9, 2016
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