Company News
PPL officials are looking for the sale of its U.K. utility to help fund billions of dollars in clean energy and infrastructure investments in the U.S.
National Grid is participating in research to determine how to convert existing gas networks to support hydrogen that could be used for home heating.
FirstEnergy updated investors on the ongoing investigation into House Bill 6 and disclosed investor Carl Icahn is looking to acquire a stake in the company.
Con Edison’s 2020 earnings were down 18% from the previous year because of lower C&I demand during the pandemic and costs from Tropical Storm Isaias.
Eversource Energy earned $1.2 billion ($3.55/share) in 2020, a nearly 33% increase over 2019’s earnings of $909.1 million ($2.81/share).
A group of companies has formed the Net Zero Business Alliance to combat climate change and work with policymakers to achieve net-zero emissions.
Energy Transfer said it has entered into an agreement to acquire Enable Midstream Partners in a $7.2 billion all-equity transaction.
The market for bonds that address climate change is flourishing, with issuances that now exceed $1 trillion, but that still falls short of what is needed.
Utilities and co-ops in 11 Southeastern states asked FERC for permission to expand bilateral trading in the region and allow 15-minute energy transactions.
Duke Energy executives said they have put the challenges of 2020 behind them, predicting a 5 to 7% annualized increase in earnings per share through 2025.
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