Company News

Vistra’s Winter Storm Loss Deepens to $1.6B
Vistra boosted its loss from February’s winter storm to $1.6 billion, an increase from its previous estimate of as much as $1.3 billion.
FirstEnergy Seeking Deal with DOJ in Bribery Case
FirstEnergy has disclosed it is negotiating with the U.S. Department of Justice regarding its role in a $60 million bribery and racketeering scheme.
Duke Energy Seeks Flexibility in Long-duration Storage
Duke Energy told the Energy Storage Association’s annual conference that it will need new storage technologies to meet its goal of net-zero emissions by 2050.
Offshore Wind Industry Working to Include MWBEs
The U.S. offshore wind industry is experiencing new pressure to include minority/women-owned business enterprises in their immense supply chains.
AEP’s Akins Lambasts FERC’s RTO Adder Proposal in Earnings Call
AEP CEO Nick Akins expressed his “extreme disappointment” with FERC’s recent proposal to limit a transmission rate adder incenting utilities to join RTOs.
Duke Energy Indiana
Consumer Groups Question Duke Indiana-Singapore Transaction
Public consumer groups are dismayed over Duke Energy Indiana’s allowing a Singaporean government-owned investment firm to own a 20% stake in the company.
Report: Southeast Utilities Must Speed up to Get to Net Zero
Despite progress in reducing GHGs, Southeastern utilities aren't poised to reach net-zero emissions by 2050, the Southern Alliance for Clean Energy said.
FERC OKs Avangrid PNM Purchase
Avangrid moved closer to completing its acquisition of PNM Resources as FERC approved the deal, turning aside Farmington, N.M. protests.
NextEra Chief Declares ‘Love’ for GridLiance Tx Assets
NextEra Energy said its acquisition of GridLiance furthers its strategy to be “North America's leading competitive transmission provider.”
Shutterstock
Eversource, Solar Developer Settle Stormwater Runoff Claim
Eversource Energy and solar developer CS Energy agree to pay fines to settle claims that they damaged wetlands in Massachusetts. Shutterstock

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