earnings

CenterPoint Energy
CenterPoint, OGE Put February Storm, Enable Midstream Behind Them
CenterPoint Energy and OGE Energy delivered positive first-quarter earnings, a year after taking financial hits from their Enable Midstream joint venture.
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.
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.
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.
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.
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.
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.
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.”

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