Hedging perfection in US power?
Commodity hedges have evolved, but the challenges to providers and asset owners have continued. In the last of a series on US market risk, Proximo talks to Paula Torres, an originator at Trailstone, about what to look out for.
Related from Proximo:
Red Oak: Switching cost of debt in US power. How hedging affects debt costs
US power: New offtake opportunities - and new risks. Looking at the evolution of the PPA
US power's new merchant frontier. Merchant risk in unexpected places