NextEra Energy
FERC approved a settlement that will grant a NextEra Energy subsidiary congestion revenue rights that CAISO denied the company in 2015.
NextEra Energy Resources announced that it will close the Duane Arnold Energy Center, Iowa’s only nuclear power plant, five years earlier than expected.
AEP stock ended the week at $71.14/share, up $1.76, after it announced the cancellation of its Wind Catcher Energy Connection project.
NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter (Q1 2018) performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively.
A FERC administrative law judge ruled that municipal utilities and commission staff failed to prove that a group of transmission owners’ base return on equity is unjust.
FERC rejected the New York PSC request to rehear a November 2017 decision granting NextEra Energy a 50-basis-point adder for participating in NYISO.
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.
AEP beat Wall Street’s expectations with a positive yearend earnings report, but CEO Nick Akins spent much of a conference call with analysts focused on its Oklahoma subsidiary.
Clean Line Energy Partners said that market realities led the company to sell its Oklahoma assets to NextEra Energy, but is continuing work on other projects.
Clean Line Energy Partners sold all of the Oklahoma portion of the Plains & Eastern transmission project to NextEra Energy.
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