Company News
Entergy announced that chairman and CEO Leo Denault will step down early next year after a decade at the helm of the utility.
AEP announced that CEO Nicholas Akins has resigned from his role as president of the company and been replaced by its current CFO, Julie Sloat.
The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”
Vistra CEO Jim Burke says he remains confident in the company's value proposition, even as it turned in a major second-quarter loss.
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.
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