earnings
Texas A&M Forest Service
Xcel Energy says it expects to incur a financial loss from Texas wildfires that could have a “material adverse effect” on the company’s bottom line.
NextEra Energy
Projected load growth nationwide from data centers, electrification and increased domestic manufacturing will drive increasing demand for renewables, NextEra Energy CEO John Ketchum said during a first-quarter earnings call.
AEP
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 Energy
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
Peretzp, CC BY-SA 3.0, via Wikimedia
PSEG still is waiting to hear from the Treasury Department on the rules on the Production Tax Credits that are part of the Inflation Reduction Act.
Entergy
Executives focused on Entergy’s booming industrial load growth during a year-end earnings call Feb. 22.
Pacific Gas and Electric
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
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.
Worldview Films
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.
PPL
PPL plans to invest $14.3 billion in capital spending from 2024 to 2027, which would strengthen reliability and resiliency while enabling more clean energy and keeping a lid on costs for customers.
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