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March 25, 2026

Company News

Q1 Earnings Briefs
Summaries of first-quarter earnings reports for AEP, Xcel Energy and NextEra Energy.
Avangrid Q1 Net Income up 13% on NY, Conn. Rate Hikes
Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.
Avangrid Renewables CEO Steps Down to Take NW Natural Role
Avangrid Renewables CEO Frank Burkhartsmeyer is resigning to take over as chief financial officer for Oregon-based natural gas service provider NW Natural.
Westar Shares Fall as Kansas Regulators Block Great Plains Deal
The Kansas Corporation Commission voted 3-0 to reject Great Plains Energy's $12.2 billion acquisition of Westar Energy.
NextEra not Giving up on Oncor Deal
Attorneys for NextEra Energy and EFH told a bankruptcy court they are not abandoning NextEra’s bid to acquire Oncor despite the PUCT's rejection.
Maxim Power Sells US Assets to Hull Street Energy
Maxim Power has closed a deal to sell its U.S. subsidiary and its five plants, concluding a two-year effort to stave off threats to the company’s survival.
Gas, Solar, Efficiency Nudge Coal in Arizona Public Service IRP
Arizona Public Service expects to meet its future energy needs through increased use of natural gas and solar, while reducing coal reliance.
SPP Adds 95th Member in Wholesaler Southern Power
SPP has increased its membership roster to 95 with the addition of Southern Power, the wholesale arm of utility giant Southern Company.
Texas Commission Denies NextEra’s Bid for Oncor
The Texas Public Utility Commission (PUCT) formally rejected NextEra Energy’s proposed acquisition of Oncor as telegraphed at its last open meeting.
PacifiCorp IRP Sees More Renewables, Less Coal
PacifiCorp has released a 20-year plan that commits to increased investment in renewable resources and energy efficiency while reducing reliance on coal.

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