Company News
FERC denied a merger proposal in which Bridgepoint tried to buy a 19.9% stake in Energy Capital Partners, saying it did so without prejudice because the first firm failed to disclose its relationship with a third – Blue Owl.
FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
Executives focused on Entergy’s booming industrial load growth during a year-end earnings call Feb. 22.
Independent measures show Southern California Edison has sharply reduced its financial risk from catastrophic wildfires compared with pre-2018 levels, Edison International CEO Pedro Pizarro said.
California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project.
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
The Edison Electric Institute’s senior executives briefed Wall Street on the state of the utility industry and some of the policies it supports.
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