Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Friday, March 27, 2020
Coronavirus Is Starting to Hit Usually Safe Utility Earnings
Coronavirus Is Starting to Hit Usually Safe Utility Earnings: (Bloomberg) -- The outlook for Europe’s utilities and power generators is worsening as the coronavirus curbs energy demand and prices plunge.Utilities from Centrica Plc to EON SE are being hit on several fronts from lower consumption to customers not paying their bills, which may lead to earning downgrades
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