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September 10, 2024

Company News

Xcel Energy, National Renewable Energy Laboratory
Xcel Pledges to Go 100% Carbon Free
Xcel Energy committed to providing its customers with carbon-free energy by 2050, becoming the first large investor-owned utility to make such a pledge.
Saavi Energia
FERC Rejects Baja Power Bid to Guarantee Parent’s Debt
FERC rejected Baja California Power’s request to guarantee debt its parent company took on to purchase InterGen’s Mexico assets.
California Governor's Office of Emergency Services
CPUC Expands Probe into PG&E Practices After Deadly Fire
The California PUC will open a new phase of investigation into PG&E’s practices as the utility faces allegations that its equipment ignited the Camp Fire.
Camp Fire Prompts Talk of PG&E Bailout or Breakup
California’s deadliest and most destructive wildfire has set off a new round of turmoil for Pacific Gas and Electric.
123rf
FERC Proposes $10M Threshold on Merger Reviews
FERC would no longer review mergers valued at less than $10 million under a Notice of Proposed Rulemaking.
Pinnacle West Lauds Ariz. Vote in Q3 Earnings Call
Pinnacle West Capital is poised to move forward with its own clean energy plans after Arizona voters rejected Proposition 127.
Sempra Divesting Solar for LNG, Regulated Ventures
Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.
Generation Lifts NRG Energy Q3 Earnings
NRG Energy earned of $306 million last quarter, up 65% from the same period a year ago on strong returns for the company’s generation business.
CenterPoint Energy
OGE Beats Expectations with Q3 Earnings
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
NASA
UPDATED: Destructive Fire Drives Down PG&E Stock
PG&E is already falling under suspicion for starting the Camp Fire after one of the utility’s transmission lines was reported downed at the time and location of the fire’s ignition.

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