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| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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| -0.50 | -0.15 | -0.10 | -0.10 | -0.15 | -0.15 | -0.15 | -0.15 | -0.10 | -0.10 | -0.10 | -0.10 |
The utilities sector this month carries a neutral posture, weighed down by the high-profile bankruptcy filing of Public Service of New Hampshire (PSNH) tied to $5.2 billion in cost overruns at the Seabrook nuclear plant. This single event underscores broader concerns about the financial risks of large-scale nuclear projects, tempering otherwise stable sector performance. While system-wide utility operations remain steady, the Seabrook outcome has heightened scrutiny on capital-intensive generation investments.
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Public Service Co. of New Hampshire (PSNH) filed for bankruptcy due to its $2.1 billion investment in the stalled Seabrook nuclear plant, prompting speculation of asset sales including its 36% stake. The move introduces uncertainty for Seabrook's licensing and ownership, with market implications for creditors and regional utilities like Eastern Utilities and United Illuminating. PSNH's financial collapse highlights risks in large-scale nuclear projects and could impact investor confidence in utility-led energy ventures.