February 23, 2025

earnings

Con Edison
ConEd to Invest $20B in Tx and Climate Resiliency Through 2028
Consolidated Edison will invest nearly $20 billion over the next four years in transmission infrastructure as part of its Reliable Clean City initiative and to mitigate climate vulnerabilities.
South Fork Wind
Eversource Finds OSW Buyer, Takes $1.95B Hit for 2023
Eversource finalized its long-running attempt to sell off its offshore wind assets, but not soon enough to avoid a $1.95 billion impairment for 2023.
Duke Energy
Duke Energy Projects Higher Earnings, Load Growth in 2024
Duke Energy reported an increase in projected load growth from economic development and migration at its 2023 year-end earnings call.
DTE Energy
DTE Highlights Improved Infrastructure in Year-end Earnings Call
DTE Energy touted its investments in infrastructure and clean energy during its fourth-quarter earnings call, with earnings down 1%.
NYSERDA
Ørsted Exits Offshore Wind Markets, Remains Committed to US
The world’s leading offshore wind developer announced that it is pulling out of some smaller markets but reiterated its commitment to construction and operation in U.S. waters.
NextEra Energy Resources
NextEra: Disruption Only Strengthens the Company
NextEra CEO John Ketchum said the company relied on 25 years of experience to navigate “clear headwinds for renewables” over the past two years.
South Fork Wind
Eversource Closer to Exiting OSW Venture with Ørsted
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
FirstEnergy
Vistra Teases ‘Re-segmenting’ Businesses in 2024
Vistra says its acquisition of Energy Harbor and its nuclear plants will accelerate the company’s transformation and lead to a “re-segmentation” of its businesses when the deal closes.
Dominion Energy
Dominion Highlights Successful Offshore Wind Development on Q3 Call
Dominion Energy reported third quarter earnings and CEO Robert Blue discussed the firm's so-far successful development of an offshore wind project as others in the country face headwinds.
Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.

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