Company News
FERC conditionally approved changes to Duke's contract with municipal utilities in N.C. but ordered negotiations over how demand charges are calculated.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP said it intends to sell some or all of its unregulated contracted renewable resources and redirect the proceeds to its transmission assets.
Avangrid’s CEO said during an earnings call that the lease areas that the company now directly controls are “undervalued based on current market prices.”
PSEG said during its Q4 earnings call that it's looking at further investment in offshore wind projects after completing the sale of its fossil units.
CenterPoint Energy continued its recovery from a disastrous 2020, reporting strong year-end and fourth-quarter earnings on Tuesday.
The Rhode Island Division of Public Utilities and Carriers approved PPL's acquisition of Narragansett Electric from National Grid.
SoCalGas proposed what could be the largest green hydrogen infrastructure in the nation, with pipelines moving hydrogen from desert solar farms to Los Angeles.
PPL’s stock price took a sharp hit when it announced during its Q4 earnings call that it was cutting dividends in half and missed earnings targets.
Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.
Under a settlement with shareholders, six members of FirstEnergy’s board of directors would not seek re-election at the company’s annual meeting in May.
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