Utilities Fall As Flight From Sector Continues -- Utilities Roundup

Shares of power producers fell as investors continued to retreat from a defensive sector that's fallen out of favor during the recent "risk rally."

Falling asset prices for existing U.K. combined-cycle gas-turbine power plants offer significant value opportunities, with potential for scenarios with payback periods as short as three years, said analysts at research firm Timera Energy, as reported earlier.

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(END) Dow Jones Newswires

11-30-20 1716ET