Company News
Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.
PPL said it expects to need to raise only about $2 billion from equity sales through 2020.
Exelon’s plans for its generation subsidiary rely heavily on a push for new legislation and market rule changes that ensure profitability for its plants.
The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
CenterPoint reported first-quarter (Q1 2018) earnings of $241 million ($0.55/share), compared with $160 million ($0.37/share) for the same period in 2017.
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
Cold weather and a stronger regional economy helped boost WEC Energy Group’s first-quarter (Q1 2018) earnings above expectations.
Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.
DTE Energy is focused on plans to double its renewable energy capacity by the early 2020s and build a new, controversial $1-billion gas-fired plant recently approved by regulator.
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