Geopolitics Alpha

Utility Scale Wind Towers From India: Final Results of the Expedited First Sunset Review of the Countervailing Duty Order

Published . Updated .

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GEOPOLITICS ALPHAUtility Scale Wind Towers FromIndia: Final Results of theExpedited First Sunset Review of…GEOPOLITICS ALPHA

The U.S. Department of Commerce (Commerce) finds that revocation of the countervailing duty (CVD) order on utility scale wind towers (wind towers) from India would be likely to lead to continuation or recurrence of countervailable subsidies at the levels indicated in the "Final Results of Sunset Review" section of this notice.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLU Utilities Select Sector SPDR+7.1% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “utility” (power and utilities) in this story.

  • INDA iShares MSCI India ETF-4.2% 13d

    iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).

  • NEE NextEra Energy+10.5% 30d

    NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • DUK Duke Energy+9.4% 30d

    Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • SO The Southern+12.3% 30d

    The Southern (electric services): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

  • WM Waste Management+15.3% 14d

    Waste Management (refuse systems): power demand and prices drive utility earnings. Linked by “utility” (power and utilities) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLUNo price data for this ticker———————
INDANo price data for this ticker———————
NEENo price data for this ticker———————
DUKNo price data for this ticker———————
SONo price data for this ticker———————
WMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The U.S. Department of Commerce (Commerce) finds that revocation of the countervailing duty (CVD) order on utility scale wind towers (wind towers) from India would be likely to lead to continuation or recurrence of countervailable subsidie…

Source: Federal Register

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“Utility Scale Wind Towers From India: Final Results of the Expedited First Sunset Review of the Countervailing Duty Order” scores 25 out of 100. The score uses 2 sources.