Evercore News

PG&E’s Power Suppliers Lose Contract Fight in Bankruptcy Court

The power generators that supply bankrupt utility giant PG&E Corp. were dealt a major blow as a judge ruled that federal regulators can’t keep their supply contracts from getting killed. Power giants including NextEra Energy Inc. and Exelon Corp. had …

Connecticut Insurance Commissioner Resigns to Work for New York Firm

Connecticut’s insurance commissioner is resigning to take a job with a New York investment banking advisory company. Gov. Dannel P. Malloy announced Wednesday that Commissioner Thomas Leonardi will be a senior adviser to Evercore, which advises companies on mergers and …