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July 4, 2024

earnings

Avangrid
Avangrid CEO Says Park City Wind Pushed Back to 2026
Avangrid said it expects the Park City offshore wind project to begin commercial operations in 2026 instead of the 2025 date it previously announced.
Duke Sees Coming Rebound from COVID Sales Slump
The momentum of the post-COVID-19 recovery and Duke’s progress to a net-zero system by 2050 were key themes in the company’s first-quarter earnings call.
Eversource Q1 Results Reflect $30 Million Conn. Penalty
Eversource Energy said that shareholders would shoulder the cost of $30 million in penalties the Connecticut PURA laid down regarding Tropical Storm Isaias.
Con Edison Q1 Earnings up Nearly 12% YoY
Con Ed reported first quarter net income of $419 million ($1.23/share), up nearly 12% compared with $375 million ($1.13/share) from a year ago.
PPL
PPL Highlights UK Sale, Narragansett Acquisition in Earnings Call
PPL is inching closer to the finalization of the sale of its U.K. utility while moving ahead with the acquisition of Narragansett Electric.
CenterPoint Energy
CenterPoint, OGE Put February Storm, Enable Midstream Behind Them
CenterPoint Energy and OGE Energy delivered positive first-quarter earnings, a year after taking financial hits from their Enable Midstream joint venture.
Despite FERC NOPR, Fortis Optimistic About Transmission
In a first-quarter earnings call with analysts, Fortis CEO David Hutchens highlighted the work of subsidiary ITC Transmission in MISO and PJM.
Renewables Boost Avangrid Q1 Earnings
Avangrid reported a 40% increase in its first-quarter profits, compared to the same period in 2020, buoyed by its renewables division.
Dominion Confident in OSW Price Despite Rising Costs
Dominion Energy officials are confident that its 2.6-GW offshore wind project will meet cost projections despite rising raw material costs.
Wildfire Liability, Criminal Charges Cloud PG&E Outlook
PG&E faces criminal charges and wildfire liabilities not included in last year’s bankruptcy settlement, company officials said in an earnings call.

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