Shares of power producers ticked down ahead of the Federal Reserve's policy statement.
The utilities sector is lagging the broad stock market by a wide increment this year as the Treasury market presented stiff competition for yield-seeking investors.
Bain Capital will sell a leading Japanese wind farm developer to Tokyo-listed Infroneer about $1.4 billion, giving the U.S. investment firm an exit more than eight years after it led a management buyout of the renewable energy company.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-12-23 1736ET
