Company News
PSEG's third-quarter earnings benefited from increased investment in infrastructure and the continued low cost of natural gas.
Exelon is on track to deliver its best year of earnings since 2012, CEO Christopher Crane told analysts.
Both DTE Energy and CMS Energy reported increased third-quarter earnings as the Michigan economy continues to improve.
Xcel credited the results to its “ongoing, successful” regulatory initiatives and “continued cost management efforts.”
Entergy reported a third-quarter loss, primarily as a result of the decision to close its Pilgrim and FitzPatrick nuclear plants.
Exelon's proposed acquisition of Pepco Holdings has been re-energized by D.C. regulators, who agreed to reopen the case and denied intervenor status to a group that wants to buy Pepco's district assets.
The D.C. PSC voted to reopen the Exelon-Pepco merger to consider a proposed settlement with Mayor Muriel Bowser’s administration, with closing briefs due Dec. 18.
NextEra Energy asked the D.C. Circuit Court of Appeals to overturn two FERC orders in a generator interconnection dispute with Ameren Illinois.
With the D.C. PSC poised to decide Wednesday on a timeline to consider the revised terms in Exelon’s bid for Pepco, opponents spoke out Monday about why they still think the merger is a bad deal for the district.
News briefs on companies and firms doing business with RTOs.
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