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December 5, 2025

Company News

Project InnerSpace
Republicans, Oil and Gas Ready to ‘Drill, Baby, Drill’ for Geothermal
Speakers at an event promoting the use of geothermal energy discussed the technology's potential future.
Minnesota Public Utilities Commission
Minn. PUC to Amazon: Prove Need for 250 Backup Diesel Generators

Minnesota regulators voted unanimously to require that Amazon demonstrate a need for a 250-unit fleet of backup diesel generators at its proposed data center in the state.

SouthCoast Wind Energy LLC
SouthCoast Wind to Take $278M Impairment as Delay Appears Likely
Another mature offshore wind project is facing financial write-downs and a potential yearslong delay in the wake of the Trump administration’s moves to shut the sector down.
Holtec International
Holtec Announces SMR Plans at Palisades Nuclear Plant
Holtec has set a 2030 target for commercial operation of two small modular reactors to be built beside the large nuclear plant it is working to restart in Michigan.
PSEG
PSEG Sees Surge in Large Load Inquiries
Public Service Enterprise Group saw an “over-12-fold” increase in mature leads and inquiries from customers exploring “large load and data center projects” over the past year, CEO Ralph LaRossa said in the utility’s fourth-quarter earnings call. 
Shutterstock
Con Edison Planning Significant Infrastructure Investment
Consolidated Edison claimed solid progress and reported solid results as it released its 2024 financials Feb. 20.
Constellation Energy
Constellation Reports Solid 2024 Financials, Expects Better in 2025
Constellation Energy turned in better than projected financials for 2024 as it continued to meet the demand for emissions-free energy with the nation’s largest nuclear fleet.
Barton Malow
DTE Energy Ups 5-Year Plan to $30B
DTE Energy’s five-year capital expenditure plan now calls for $30 billion in investment, up $5 billion.
Eversource Energy
Eversource to Boost Grid Investments by $1.9B After Exiting Wind, Water
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Intersect Power
Report Assesses Climate Activism of Pension Funds, Finds Most Lacking
An environmental report found that most pension funds, key investors in infrastructure in the power industry, lacked any real policies to protect their investments from the effects of climate change.

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