Company News
Ohio-based Lordstown Motors said it will begin manufacturing its light-duty electric truck model, the Endurance, in the next six to eight weeks.
The Virginia SCC approved a $78.7 million rate hike for Dominion’s offshore wind project, though they warned that ratepayers face the risk of cost overruns.
OGE has shed 77% of its investment in Enable Midstream Partners for an $813 million return at an average price of $11.09/unit, a 33% premium since December.
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
Entergy easily beat analysts’ expectations with its second-quarter results, thanks to better-than-expected retail sales during the early-summer heat.
Texas’ record-breaking heat through June boosted CenterPoint Energy’s second-quarter earnings and led its management to again raise its earning guidance.
PSEG is hoping the Democrats’ proposed climate bill will provide long-term support for the utility’s three nuclear plants, now subsidized by N.J. ratepayers.
San Diego Gas & Electric and its partners launched the first interconnected vehicle-to-grid project to offer support during energy emergencies.
Xcel Energy praised both the MISO long-range transmission plan and the late-breaking agreement over the $670 billion Inflation Reduction Act.
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