Dafinchi AI

EVGO

Energy & Utilities

2w

Largest U.S. Commercial Bank Financing for Charging Infrastructure

EVgo closed on a $225 million commercial bank financing for charging infrastructure on July 23, the largest of its kind in the U.S.
The facility has the ability to expand to $300 million and received a $48 million first drawdown.
This milestone diversifies EVgo's funding sources with low-cost, non-dilutive capital, enabling accelerated expansion and operational scale.

Plug Power Inc.

PLUG

Energy & Utilities

1w

Financial Performance Summary

Electrolyzer sales more than tripled year-over-year, reaching approximately $45 million in the quarter.
Gross margins improved significantly from negative 92% in Q2 2024 to negative 31% in Q2 2025 due to operational efficiencies, pricing discipline, and cost reductions.
Net cash from operating and investing activities declined over 40% year-over-year, ending the quarter with over $140 million in cash and access to more than $300 million in additional debt capacity.
Plug Power reported Q2 2025 revenue of $174 million, a 21% increase year-over-year, driven by strong demand across GenDrive, GenFuel, and GenEco platforms.

Avista Corporation

AVA

Energy & Utilities

2w

Impact of Clean Technology Valuation Losses on Earnings

Valuations of clean technology-focused funds declined significantly due to shifts in public policy and sentiment.
Valuation losses in Q2 impacted earnings by $0.12 per diluted share.
Losses are linked to uncertainties around tariffs and the tax reconciliation bill.
Valuations reached their lowest point around the end of Q1, with some strategic value expected long-term.

EVRG

Energy & Utilities

1w

Regulatory Milestones and Settlement Agreements in Kansas and Missouri

The Kansas settlement includes a net revenue increase of $128 million and a 9.7% return on equity for transmission, with earnings review surveillance reports to monitor performance.
The regulatory outcomes support Evergy’s strategic pillars of affordability, reliability, and sustainability, and facilitate grid modernization and new generation investments.
Management emphasized the importance of these regulatory milestones in enabling the company to advance construction and meet growing customer demand while maintaining stakeholder support.