Company News
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.
FERC rejected Baja California Power’s request to guarantee debt its parent company took on to purchase InterGen’s Mexico assets.
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.
California’s deadliest and most destructive wildfire has set off a new round of turmoil for Pacific Gas and Electric.
FERC would no longer review mergers valued at less than $10 million under a Notice of Proposed Rulemaking.
Pinnacle West Capital is poised to move forward with its own clean energy plans after Arizona voters rejected Proposition 127.
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.
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.
OGE Energy reported a 2018 third-quarter earnings of $205 million, while CenterPoint Energy reported earnings of $153 million.
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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