Dafinchi AI

Eversource Energy

ES

Energy & Utilities

2w

Impact of Connecticut Legislation SB4 on Storm Cost Securitization and Customer Bills

SB4 allows for securitization of storm costs from 2018-2025, improving customer bill predictability and strengthening the balance sheet.
Legislation enables bonds to cover public benefit program costs, potentially reducing customer bill impact.
Legal and regulatory approval process ongoing, with securitization expected to take 12-18 months, likely completing in 2027.

CMS Energy Corporation

CMS

Energy & Utilities

2w

Announcement of 1 Gigawatt Data Center Load Agreement in Michigan

CMS Energy has reached an agreement with a new data center expected to add up to 1 gigawatt of load.
This load is incremental to the existing 9-gigawatt pipeline and is expected to ramp up in 2029 or 2030.
The agreement signifies progress in the company's growth strategy and enhances future capacity planning.

Alliant Energy Corporation

LNT

Energy & Utilities

1w

Financial Performance Summary

Alliant Energy reported ongoing earnings of $0.68 per share for Q2 2025, up from $0.57 per share in Q2 2024.
Higher depreciation and financing expenses partially offset earnings growth.
Temperatures contributed a positive $0.02 per share impact on electric and gas margins in Q2 2025 compared to a negative $0.02 impact in Q2 2024.
The company is successfully executing its 2025 financing plan, including issuing $575 million in convertible senior notes and $600 million in senior debentures.
The increase was driven by successful execution of customer-focused capital investment programs and higher electric and gas sales due to temperature changes.

Public Service Enterprise Group Incorporated

PEG

Energy & Utilities

2w

New Jersey Resource Adequacy and Generation Build Outlook

Current legislative discussions ongoing, with no major changes yet.
Advocacy for state decisions on forecasts, reliability, affordability, and environmental goals.
Focus on developing long-term policy consensus with regional stakeholders.
Uncertainty around new generation projects due to market signals and PJM capacity issues.
Legislation introduced to enable utilities to compete for in-state generation.
Concerns about New Jersey's reliance on power imports, especially during peak heat events.
Active regional discussions on resource adequacy, reliability, and environmental policies.
Potential for future generation build influenced by state policies and PJM market dynamics.
No definitive timeline for new generation projects, but ongoing interest and discussions.

Clearway Energy, Inc.

CWEN

Energy & Utilities

1w

Accelerated Wind Repowering Schedule and Pipeline Expansion

Projects identified for repowering are progressing on schedule, with some projects potentially moving into service before 2028.
The repowering projects include Mount Storm, Goat Mountain, San Juan Mesa, and Tuolumne, with specific phases and expected CODs in 2026 and 2027.
The pipeline of repowerable wind projects has grown, with additional opportunities emerging later in the decade, reflecting strong customer demand and technical readiness.

Ormat Technologies, Inc.

ORA

Energy & Utilities

1w

Long-term Capacity Targets and Market Demand Outlook

Ormat maintains its 2028 capacity target of 2.6 to 2.8 GW, supported by exploration and project development.
Strong demand for renewable energy, especially for data centers and AI, underpins growth projections.
The company expects to add 148 MW from geothermal and solar projects by 2026.
Multiple projects are under development, with 385 MW of energy storage capacity planned.
Market demand and policy tailwinds reinforce confidence in achieving long-term growth objectives.

SR

Energy & Utilities

2w

Strategic Acquisition of Piedmont Natural Gas Tennessee Business

Announced acquisition of Piedmont Natural Gas Tennessee from Duke Energy, adding $900 million to 5-year capital plan.
Transaction aims to increase scale, diversify portfolio, and expand into a high-growth, regulated jurisdiction.
Expected to close in Q1 2026, with regulatory approval sought within 45 days of announcement.
Funding strategy includes a bridge facility, potential sale of nonutility assets, and a balanced mix of debt, equity, and hybrid securities.
Integration expected to leverage existing shared services platform, with a focus on efficiency and long-term EPS growth of 5-7%.

Par Pacific Holdings, Inc.

PARR

Energy & Utilities

1w

Strategic Renewable Fuels Partnership with Mitsubishi and ENEOS

Partnership involves $100 million investment for a 36.5% equity stake in joint venture.
Partnership aims to enhance renewable fuels capabilities, leveraging partners' expertise in global feedstock procurement.
Expected start-up of pretreatment unit in second half of 2025, with initial EBITDA contributions anticipated in Q1 2026.
Project benefits include operational expense advantages, local product sales focus, and capital efficiency.
Partnership expands distribution reach into California and broader West Coast markets, strengthening long-term growth prospects.

Select Energy Services, Inc.

WTTR

Energy & Utilities

1w

Strategic Growth in Water Infrastructure with Long-term Contracts

Signed several new long-term agreements for large gathering, recycling, distribution, and disposal projects in the Northern Delaware Basin.
Added approximately 60,000 acres of leasehold dedication and 385,000 acres under right of first refusal agreements.
Contracts encompass full water cycle including gathering, recycling, disposal, and distribution.
Contracts support expansion of recycling facilities and pipeline infrastructure.
Expectation of 20% YoY growth in water infrastructure revenue in 2026, building on double-digit growth in 2025.