Company News

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.
PSEG Finds Buyer for Solar Assets
PSEG announced it has entered into an agreement to sell its 467-MW Solar Source portfolio of 25 solar plants to Quattro Solar, an affiliate of LS Power.
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.
Activists Urge Duke Shareholders to Reject Chair Lynn Good
The Duke Energy Accountability Coalition has called for shareholders to vote CEO Lynn Good off the company’s board of directors during its annual meeting.
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.
SPP Board/Members Committee Briefs: April 27, 2021
SPP stakeholders approved staff’s recommendation to withdraw a competitive transmission project that was opposed by the incumbent transmission owner, Evergy.
Eversource
Conn. Utilities Found Deficient in Tropical Storm Isaias Response
Connecticut regulators ruled that Eversource and UI did not meet acceptable standards in their response to Tropical Storm Isaias.
Transmission Key to Xcel’s Renewables Development
Xcel Energy’s push to add nearly 10 GW of renewable energy will hinge largely on long-haul transmission projects, CEO Ben Fowke said.
Eversource’s New CEO Talks Future of Natural Gas
Eversource's incoming CEO Joe Nolan has spent 25 of years growing the company's renewable energy portfolio.

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