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September 15, 2024

Company News

Hot Weather, Cheap Natural Gas Help PSEG Earnings
PSEG's third-quarter earnings benefited from increased investment in infrastructure and the continued low cost of natural gas.
Exelon on Track for Blockbuster Year, Crane Says
Exelon is on track to deliver its best year of earnings since 2012, CEO Christopher Crane told analysts.
Utilities See Higher Earnings as Mich. Economy Rebounds
Both DTE Energy and CMS Energy reported increased third-quarter earnings as the Michigan economy continues to improve.
Xcel Q3 Earnings Rise, Exceed Expectations
Xcel credited the results to its “ongoing, successful” regulatory initiatives and “continued cost management efforts.”
Entergy Registers Q3 Loss of $723M on Nuclear Closures
Entergy reported a third-quarter loss, primarily as a result of the decision to close its Pilgrim and FitzPatrick nuclear plants.
DC PSC Rulings Give Exelon-PHI Merger a Shot in the Arm
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.
DC PSC Reopens Exelon-PHI Merger Case
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 Appeals FERC Ruling on Ameren Upgrade Costs
NextEra Energy asked the D.C. Circuit Court of Appeals to overturn two FERC orders in a generator interconnection dispute with Ameren Illinois.
Merger Opponents Question Pepco’s Tactics
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.
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