earnings
Georgia Power
Economic growth in the Southeast fueled first-quarter earnings of more than $1.1 billion, Southern Co. executives said.
Dominion Energy
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
Ørsted
Ørsted charted a path forward from the industry’s recent turmoil as it released its first-quarter financial results.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG is looking to use excess capacity at its three South Jersey nuclear generators to provide clean energy for data centers and AI development projects, CEO Ralph LaRossa said in the company’s first-quarter earnings call.
PPL
Rising demand from data centers will lead to increased investment in transmission in PPL’s utility territories, executives said during a first-quarter earnings call.
AEP Transmission
American Electric Power says 10.5% growth year over year in data centers and other commercial load within its 11-state footprint can be attributed to prior investments in transmission infrastructure.
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.
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