Industry News: ESG

How Private Equity Squeezes Cash From the Dying U.S. Coal Industry

Written by ESG | 8-Mar-2021 2:53:39 PM

2021-03-02 

Reuters: Private equity firms are proving there’s still plenty of profit in the U.S. coal industry despite a decade of falling demand for the fossil fuel. They are spending billions of dollars buying coal-fired plants on the cheap - and getting paid even when they are not providing power. 

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