Wednesday, January 23, 2019

Company News

Dominion: ‘No Flexibility’ on SCANA Bid

Dominion Energy SCANA big earnings Q1 2018

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. | Dominion

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NextEra Beats Wall Street’s Expectations

FERC ISO-NE earnings NextEra Energy

NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively. | TVA

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Avangrid Posts Steady Q1 Income, Highlights Renewables

offshore wind avangrid earnings q1 2018

Avangrid on Monday said its first quarter 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. | Vinyard Wind

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Court Backs FERC in Hydro License Dispute

FERC Duke Energy DC Circuit hydropower

FERC adequately explained why it limited Duke Energy Carolina to a 40-year extension on a hydropower project, the D.C. Circuit Court of Appeals ruled Tuesday. | Catawba Wateree Water Management Group

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