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Clean-energy builders selling ‘yieldco’ stakes to get cash

  Bloomberg Two years ago, solar and wind developers couldn’t get enough of a security that helped finance their clean-energy projects. Now, a growing number are considering cashing out. The industry created publicly traded securities, known as yieldcos, to raise capital for new construction, which attracted shareholders eager for dividends from the sale of electricity. Fifteen US and European companies ...

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Investors optimistic over oil market rebalance in summer

  Bloomberg Summer may be a few months away but oil investors are already getting their hopes up that American drivers will do their part to rebalance the market. Hedge funds increased bets on higher West Texas Intermediate crude prices for the first time in six weeks, shrugging off rising US supplies, as the coming driving season is expected to ...

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Oil set for longest gain this year as Libyan field shut

  Bloomberg Oil headed for its longest run of gains this year as Libya’s biggest oil field was said to have suffered another outage while Russia signaled it’s weighing an extension of OPEC-led production cuts. Futures gained for a fifth day in New York after advancing 3.2 percent last week following a US military strike on Syria. Libya’s Sharara field ...

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