Company News
PJM said that it has terminated electricity supplier AMERIgreen Energy’s membership after its parent company, Worley & Obetz, collapsed.
AEP must provide PJM’s Independent Market Monitor (IMM) with requested cost data for a gas-fired plant the company owns in West Virginia, FERC ruled Tuesday.
The D.C. Circuit Court of Appeals denied the Arkansas PSC’s request that it review a FERC order directing Entergy Arkansas to continue sharing settlement proceeds.
Kansas and Missouri regulators approved Great Plains Energy’s merger with Westar Energy, the final hurdles in a stock-for-stock merger of equals.
National Grid said its yearly earnings increased 4% to $4.73 billion, mainly reflecting the strong performance of the company’s U.S. business.
Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.
The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.
NiSource is seeking rate hikes across multiple states to cover hefty infrastructure investments after a 13% increase in Q1 2018 earnings.
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
PPL said it expects to need to raise only about $2 billion from equity sales through 2020.
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