MQG 1.21% $207.15 macquarie group limited

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    Big Power Companies in Texas May Clean Up From Storm

    Notably, Australia’s Macquarie Group MQBKY 1.24% bumped up its own guidance in February to reflect the windfall its commodities-trading desk got from capitalizing on gas and electricity volatility in Texas. A number of hedge counterparties to wind farms, typically Wall Street banks, could be owed significant sums, too, under financial agreements that put the generator on the hook for buying power from the market if it can’t operate when called upon.
 
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