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September 7, 2024

Company News

WEC Manages Modest Increase in Q2 Earnings
WEC Energy Group managed a 2-cent EPS improvement in the second quarter over last year, with several factors offsetting the pandemic’s impact.
New CenterPoint CEO Promises to ‘Simplify the Story’
CenterPoint Energy CEO David Lesar told financial analysts the company will "simplify the story" as it attempts to overcome recent bad news.
Con Ed Takes $52 Million Hit from COVID
Consolidated Edison (NYSE: ED) said that the COVID-19 pandemic had negatively impacted its first-half earnings by $52 million
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CAISO Names Bonneville Power Administrator as New CEO
CAISO named the head of BPA as its new chief Thursday, a move that could help further the expansion of the Western EIM and increase its regional influence.
Akins: AEP’s Actions ‘Lawful, Ethical’
AEP's CEO said federal investigators have not contacted the company about an alleged bribery scheme and defended AEP’s contributions to a nonprofit.
Evergy Releases Standalone Plan Details
Evergy confirmed that it will remain independent and released details of the standalone plan that helped guide its decision.
FERC Ends Idaho Power MBRA Probe
FERC found Idaho Power had satisfied standards for market-based rate authority and terminated a proceeding it had ordered to find out if the utility was exercising market power in its BAA.
Vistra Q2 Cash Flow Up 30% from 2019
Vistra Energy boosted its second quarter cash flow by 30% over 2019 and told financial analysts that the best may be yet to come.
Exelon’s Nuclear Units Face Uncertain Future
Exelon CEO Chris Crane apologized for the Illinois bribery scandal and said he may be forced to shut down the company’s nuclear plants.
Report: Evergy Calls Off Sale, Stock Slides
Evergy has decided to remain single after dalliances with several potential acquisition partners, according to a published report.

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