We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Power-packed quick flip

3 October 2005 By Dan Ackman

The heady $5.8bn price tag for the US power company means its private equity backers will have made an outstanding return in just one year. And the key to the big profit is simplicity itself using forward contracts to lock in strong current prices.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)