Company News
PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.
FERC approved FirstEnergy Solutions’ bankruptcy plan by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake.
PPL told investors it will invest $14 billion over the next five years into hardening its transmission system and incorporating more renewable resources.
California lawmakers have drafted a spate of bills since early January aimed at correcting perceived wrongs by PG&E and other investor-owned utilities.
ERCOT said it has approved the retirement of Public Service Company of Oklahoma’s coal-fired Oklaunion Power Station in the Texas Panhandle.
Texas regulators approved a stipulated settlement of a CenterPoint Energy rate case that was a little more than 8% of the utility’s original request.
The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.
PJM filled its executive team with the appointment of Lisa Drauschak as CFO and Asim Haque as vice president of the state and members services division.
Dominion Energy executives told investors that PJM’s expanded MOPR poses no near-term threat to its 2,600 MW offshore wind farm planned for 2026.
FERC denied CPower’s two waiver requests to allow its seven summer-only distributed solar demand capacity resources to participate in ISO-NE’s FCA 14.
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