Company News
Investor-owned utilities will have a central role in the expansion of distributed generation and renewables, the industry’s trade group told securities analysts.
ITC Holdings, the largest independent transmission operator in the U.S., agreed to be acquired by Canadian utility operator Fortis in a deal valued at $11.3 billion, the companies announced.
Despite mild temperatures that dampened its fourth-quarter performance, Eversource posted 2015 results that easily bested its previous year’s earnings.
WEC Energy Group reported a 48% jump in net income for the fourth quarter, boosted by its acquisition of Integrys Energy Group.
PPL increased earnings from ongoing operations in the fourth quarter although overall results declined due to the spinoff of its generation assets.
By Amanda Durish Cook
CMS Energy boosted fourth-quarter earnings to $106 million ($0.38/share), outpacing the $96 million ($0.35/share) it earned in the las...
Dominion Resources blamed December’s “extremely mild weather” for a 15% drop in its fourth-quarter earnings.
The NYPSC denied Entergy's request for an administrative law judge to handle the company’s objections to the state’s investigation of Indian Point.
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
Despite posting a decrease in revenue and missing analysts’ predictions, AEP reported a 145% increase in fourth-quarter earnings.
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