earnings
PSEG said Tuesday that it could secure projects costing as much as $3 billion under New Jersey’s solicitation seeking proposals for transmission upgrades.
CenterPoint executives celebrated their company’s status as a "pure play regulated utility” during a first-quarter earnings call with financial analysts.
AEP told financial analysts it is continuing to de-risk and simplify itself, reporting increased first-quarter earnings the same day as Xcel Energy did.
Entergy says it is on course to shut down its Palisades nuclear plant, despite DOE's $6 billion program to prevent the early closure of nuclear plants.
DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy reported first-quarter adjusted earnings of $288 million ($0.51/share) on revenue of $3 billion, down 18% from the first quarter of 2021.
NextEra Energy lost almost 10% of its market value after telling the financial community that issues from Asian suppliers could delay some projects.
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.
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