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September 3, 2024

Company News

Exelon
Crane to Retire, Butler to be New CEO of Exelon
Exelon announced a leadership transition and reported solid third-quarter financials just a day apart.
OG&E
Enable in Rear View, OGE Looks to Improve Reliability
OGE Energy has completed its exit from a midstream gas joint venture, allowing the company’s investors to focus on “a premium electric utility business.”
Entergy
Entergy Learning from Florida to Improve Resilience
Entergy says it has borrowed from Florida in ensuring its $15 billion, 10-year accelerated resilience plan will upgrade its system against future storm damage.
Transmission Developers Inc.
Champlain Hudson Power Express Closes on Financing
Champlain Hudson Power Express it closed on the financing needed to build its roughly $6 billion underground transmission line linking Quebec and New York City.
Xcel Energy
Xcel Energy to Quit Burning Coal in 2030
Xcel Energy said that it will cease to deal in coal nationwide by 2030 with the accelerated retirement of a Texas coal plant.
Shutterstock
PSEG Faces Final Decision on NJ Ørsted Project
Public Service Enterprise Group is mulling whether to remain a 25% partner with Ørsted in the Danish developer’s Ocean Wind 1 project in New Jersey.
Shutterstock
Eversource Calls on Feds to Prepare Emergency Actions for New England
Eversource Energy, New England’s largest utility, is piling on to calls for winter help from the federal government.
Shutterstock
Maine Voters to Decide on Upending Utility Landscape in 2023
Maine voters may have the chance to upend the state’s utility landscape and send its two biggest players packing in November 2023.
Lion Electric
PG&E to Offer Nation’s First V2G Export Rate
Pacific Gas and Electric received regulatory approval to establish the nation’s first vehicle-to-grid export rates for commercial EVs, including school buses.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
Suitors Line up for AEP’s Unregulated Renewable Assets
Wall Street has reacted to earnings releases from AEP, NextEra Energy and Xcel Energy by increasing their share prices in the following days.

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