Company News
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
Cold weather and a stronger regional economy helped boost WEC Energy Group’s first-quarter (Q1 2018) earnings above expectations.
Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.
A recently passed New Jersey law could lead to the state subsidizing nuclear plants outside its borders, Public Service Enterprise Group (PSEG) CEO Ralph Izzo said during his company’s first-quarter (Q1 2018) earnings call Monday.
DTE Energy is focused on plans to double its renewable energy capacity by the early 2020s and build a new, controversial $1-billion gas-fired plant recently approved by regulator.
South Carolina legislators continue to maneuver as if there is some room to negotiate the terms of a deal to sell SCANA to Dominion, but Dominion CEO Thomas Farrell emphatically rejected that presumption on a conference call to discuss the company’s Q1 2018 earnings.
The energy trading arm of Public Service Enterprise Group (PSEG) agreed to pay $39.4 million to settle a FERC investigation into violations of PJM energy market bidding rules over 9 years.
NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter (Q1 2018) performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively.
Avangrid on Monday said its first quarter (Q1 2018) earnings rose slightly on new rate plans and rising output from its wind fleet, and the company highlighted its growing opportunities in renewable energy — particularly offshore wind.
Buoyed by recent positive developments, American Electric Power CEO Nick Akins had several reasons Thursday to proclaim the company “in better shape than in the first quarter of last year.”
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