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Crius Energy Trust Tr Unit CRIUF

Utilities Utilities - Diversified
"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Crius Energy Trust Tr Unit > Happy New Year!
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Comment by deisman03on Jan 04, 2019 9:44pm
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Post# 29189063

RE:RE:RE:RE:RE:RE:RE:Happy New Year!

RE:RE:RE:RE:RE:RE:RE:Happy New Year!
Altagas has holdiings in Canada and the US. They recently started to sell off their Canadian Assets and I believe they are trying to expand their interests in the US

They use their NG assets as well as biomass fuel, wind and Hydro to produce electricity. 

To my knowledge they don't have much to do with OIL per se but the price of NG does effect them, internally and externally. 

They accumulated a lot of debt when they picked up WGL and they've sold off some of their Canadian holdings to cut back that debt to handleable ratios to income. 

They are also have a large storage battery faciliy which they feed the WIND power to. 

WIND generated electricity would be cheap if the maintenance costs on the windmills weren't so extortionate. Another WOULDN'T IT BE NICE SOLUTION such as SOLAR

GTLA the good folks here
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