Company News
The staff of the Texas PUC recommended that it require Vistra Energy and Dynegy to divest at least 1,281 MW of generation to secure approval of their merger.
Xcel Energy reported fourth-quarter earnings of $189 million ($0.37/share), down 16.7% from the same period last year.
Pacific Gas and Electric CEO Geisha Williams said that the utility will fight for the right to recover costs stemming from California wildfires.
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.
Sempra Energy and Oncor have reached a settlement with all parties involved in Sempra’s proposed $9.45 billion acquisition of Energy Future Holdings.
WEC Energy Group’s 2017 earnings surged 28% to $1.2 billion, boosted by a late-year cold snap and federal tax cuts.
The D.C. Circuit refused to overturn FERC’s decision to require Entergy Arkansas to make retroactive payments to its affiliate companies.
During an earnings call, Dominion Energy CEO Thomas Farrell expressed confidence that his company’s lobbying in Connecticut and Virginia are track to benefit the company.
AEP beat Wall Street’s expectations with a positive yearend earnings report, but CEO Nick Akins spent much of a conference call with analysts focused on its Oklahoma subsidiary.
Lubbock Power & Light told Texas regulators that it continues to hammer out settlement agreements in the utility’s proposed migration from SPP to ERCOT.
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