earnings
By Tom Kleckner
American Electric Power said last week it will focus on smaller projects after Texas regulators put the kibosh on the company’s proposed $4....
Avangrid earnings jumped more than 25% year-over-year in the 3rd quarter, mainly driven by increased gross margins for renewables and new transmission rate plans.
OGE Energy said that a strong regional economy and positive regulatory developments led to an improved second quarter for the company.
NRG Energy reported net income of $24 million ($0.23/share) in the second quarter, compared with a $16 million loss (-$1.98/share) a year earlier.
Consolidated Edison earned $188 million ($0.60/share) in the second quarter, a 7% increase from $175 million ($0.57/share) in the same period last year.
NiSource reported second-quarter earnings of $23.2 million, compared to a net loss of $44.4 million for the same period a year ago.
Public Service Enterprise Group added two new combined cycle plants to its generating fleet as earnings rose in the second quarter.
Dominion Energy's operating earnings jumped by one-third in the second quarter, boosted by power sales to new data centers.
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
Eversource Energy is increasing its capital spending over the next three years by $600 million, bringing the total to $7.1 billion through 2021.
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