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September 11, 2024

Company News

Court Backs FERC in Hydro License Dispute
FERC adequately explained why it limited Duke Energy Carolina to a 40-year extension on a hydropower project, the D.C. Circuit Court of Appeals ruled Tuesday.
Great Plains and Westar
FERC Greenlights Great Plains-Westar Merger
FERC approved the proposed $14 billion merger between Great Plains Energy and Westar Energy.
NRG Announces $1 Billion Stock Buyback, $70 Million Sale
NRG Energy said that its board has authorized the company to spend $1 billion on its stock repurchase program.
Sempra Energy
Sempra Joins ‘Three-Pronged’ Wildfire Front
Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.
Bankruptcy Court OKs Sempra-Oncor Deal
Sempra Energy announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed a reorganization plan for Energy Future Holdings.
Entergy
OGE, CenterPoint, Entergy Results Up on Tax Cuts
The cut in federal corporate income taxes figured prominently in fourth quarter earnings reports by OGE Energy, CenterPoint Energy and Entergy.
PSEG Head Confident Nukes Will Get Support
PSEG CEO Ralph Izzo expressed confidence that the company’s five nuclear power plants will receive subsidies through New Jersey legislation.
Edison International Presses Wildfire Cost Recovery
Edison International has joined other California utilities in protesting difficulties with cost recovery related to devastating wildfires.
Consumers Energy
CMS Energy Plans a Zero-Coal Future by 2040
Utility giant CMS Energy pledged it would phase out all coal generation by 2040, days after releasing its 2017 earnings report.
Eversource
Eversource Outlook Unhampered by Northern Pass
Eversource Energy said it has the levers to keep earnings growing — with or without its troubled Northern Pass transmission project in New Hampshire.

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