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September 13, 2024

Company News

CenterPoint Energy Fine-Tunes its Gas Businesses
CenterPoint Energy (NYSE:CNP) continues to focus on gas even as its regulated electric business contributed to a strong 3rd quarter earnings report.
Company Briefs
This week's company briefs include news on Duke Energy, PG&E, FirstEnergy, GE, Amazon and others.
Westar Boosts Earnings Amid Pending Acquisition
In what may be one of its last earnings reports as an independent company, Westar Energy (NYSE:WR) said it improved its third-quarter earnings over 2015.
NextEra Energy Talks Up its Oncor Acquisition
Having finally chased down Oncor, NextEra Energy (NYSE:NEE) has embarked on a charm offensive to ensure it successfully completes its acquisition.
PJM Third-Quarter Earnings Roundup
Several companies doing business in the PJM footprint, including PPL, PSEG and Exelon, reported their third-quarter earnings results last week.
FirstEnergy Wants out of Competitive Generation
With unprofitable power plants dragging down its bottom line, FirstEnergy (NYSE:FE) says it is calling it quits on competitive generation.
FERC Rejects Complaint on Montana Solar; 2nd Case Pending
Solar power developers are asking FERC to overrule Montana regulators on how much NorthWestern Energy should pay to PURPA projects.
AEP Turns Away from Generation to Transmission, PPAs
American Electric Power (NYSE:AEP) reported a $766 million third-quarter loss after writing down the value of its generation by $2.3 billion.
UPDATE: Council OKs Seattle City Light Bid to Explore Joining EIM
The Seattle City Council authorized Seattle City Light to conduct a cost-benefit analysis on joining the Western Energy Imbalance Market (EIM).
Earnings Up, Xcel Touts ‘Steel-for-Fuel’ Strategy
Xcel Energy (NYSE:XEL) reported an increase in earnings as the company said its steel for fuel strategy will provide a solid blueprint for future growth.

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