Company News
Shell Energy and Old Dominion Electric Cooperative failed to make their case that they belong at the GreenHat Energy settlement table, FERC ruled.
A U.S. bankruptcy judge stalled FirstEnergy Solutions’ reorganization plan over unresolved contract disputes at its Perry and Beaver Valley nuclear plants.
The judge overseeing PG&E’s bankruptcy ruled against bondholders and insurers that wanted to offer their own reorganization plans for the embattled utility.
Lawyers representing PG&E and California wildfire victims argued over how to estimate the potential liability of the bankrupt utility.
Judge Dennis Montali heard lengthy arguments from bondholders and insurance companies over why he should end PG&E’s exclusivity period.
OGE Energy reported second-quarter earnings that beat Wall Street’s expectations and reflected economic growth in its service territory.
The judge overseeing PG&E’s bankruptcy questioned the utility’s attorney over an executive compensation package that includes $11 million in bonuses.
NRG Energy’s profits jumped sharply in the second quarter, boosted by a surge in earnings for the company’s power generation division.
Exelon officials told investors that Illinois’ transition toward 100% carbon-free power can’t succeed without PJM market reforms.
CenterPoint Energy beat both analysts’ expectations and its performance a year ago by reporting second-quarter earnings of $165 million ($0.33/share).
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