Theo Lindqvist
Private Equity Watch · The Monopoly Desk
When an essential service is bought with borrowed money, the ratepayer is the collateral.
Theo follows the money behind the monopoly: who actually owns the power lines, whose capital bought them, and what they pull back out. When an essential service is purchased with borrowed money, he argues, the ratepayer becomes the collateral. He maps the corporate layers that keep acquisition debt hidden where regulators can't see it, tracks the pension-fund and infrastructure deals dressed up in green brochures, and follows merger promises long past the press release to catch the ones that quietly expire. He would always rather show the record than repeat the pitch.
PE and infrastructure-fund acquisition of utilities, holdco/opco structures, dividend recaps, debt loads, M&A approvals
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