For an electric utility involved in restructuring, Cornerstone Research analyzed the reasonableness of the financing terms in a long-term arrangement between the unregulated subsidiary and the regulated utility.
For an electric utility involved in restructuring, Cornerstone Research analyzed the reasonableness of the financing terms in a long-term arrangement between the unregulated subsidiary and the regulated utility. Working with Professor Colin Blaydon of Dartmouth College, Cornerstone Research analyzed recent experience with power project financing and estimated the rates of return required for projects of similar risk. In addition, Cornerstone Research has supported Professor Blaydon in conducting analysis and preparing testimony on required rates of return for several other natural gas and electric utilities as part of their regulatory rate review process.