Frost & Sullivan to present briefing on economic condition of the utility sector

Mountain View, CA, Jan. 22, 2009 — Frost & Sullivan announced its 2009 Quarterly Analyst Briefing Presentation on the North American electric utility sector to be held on Tuesday, January 27, 2009 at 10:00 a.m. PST.

The U.S. utility market continues to slow down as the credit crunch restrains liquidity. To overcome this debilitating condition, U.S. utility companies have partnered with the U.S. government so they can jointly create more liquidity and tax credits.

Utilities are struggling to find fresh sources of revenues. The slowdown in residential and commercial real estate growth has brought years of the utility industry’s steady profits to a trickle, according to Frost & Sullivan.

“The recent credit crisis has significantly affected the electrical utilities and their new project plans. Government initiatives to inject liquidity into the market will be the catalyst for economic revival,” observes Frost & Sullivan Industry Analyst Vignesh Sundaram.

To participate in the briefing, email Stephanie Ochoa at stephanie.ochoa@frost.com.

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