Company News
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
NRG earned $233 million in the first quarter, compared with a loss of $169 million in the same period last year.
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
Cold weather and a stronger regional economy helped boost WEC Energy Group’s first-quarter (Q1 2018) earnings above expectations.
Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.
A recently passed New Jersey law could lead to the state subsidizing nuclear plants outside its borders, Public Service Enterprise Group (PSEG) CEO Ralph Izzo said during his company’s first-quarter (Q1 2018) earnings call Monday.
DTE Energy is focused on plans to double its renewable energy capacity by the early 2020s and build a new, controversial $1-billion gas-fired plant recently approved by regulator.
South Carolina legislators continue to maneuver as if there is some room to negotiate the terms of a deal to sell SCANA to Dominion, but Dominion CEO Thomas Farrell emphatically rejected that presumption on a conference call to discuss the company’s Q1 2018 earnings.
The energy trading arm of Public Service Enterprise Group (PSEG) agreed to pay $39.4 million to settle a FERC investigation into violations of PJM energy market bidding rules over 9 years.
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