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The recent settlement submitted by DPL LLC defines a baseline revenue requirement of $622,527,962 for the 2027 calendar year, with the amount increasing to $679,310,366 by 2029. A 9.5% return on equity is stipulated for the entire three‑year horizon, while long‑term debt rates are …
American Electric Power has bolstered its board by adding two independent directors drawn from leading companies in hospitality and digital infrastructure. David Marriott, a senior figure at Marriott International, and Charles Meyers, a top executive at Equinix, join the utility’s leadership team to help …
American States Water Company attracted renewed investor attention after its shares reached a fresh52-week intraday high of $89.54during the latest trading session before closing at$89.28, representing a gain of$1.35, or1.54%, on trading volume of approximately532,200 shares. The stock finished only slightly below its session …
Basin Electric Power Cooperative announced that its chief executive’s annual base compensation will be $1,750,000. This adjustment accompanies a short‑term incentive (STI) plan that provides a cash award equal to 20% of each senior executive’s base salary for the performance year. The incentive structure …
Star Group has lifted its CEO’s pay to $750,000, a move the board says reflects competitive benchmarks and leadership performance as the company’s shares climb. The adjustment, approved without the CEO in the room, raises the annual salary from $531,742 to $750,000 starting August …
The proposed combination of NextEra Energy and Dominion Energy would immediately introduce a $2.25 B credit programme for ratepayers in the three Southern states, while positioning the merged firm to control more than 110 GW of generation assets. State and federal regulators are currently …
Uniti Group has finalized a private offering of secured fiber network revenue term notes totaling $1,140,710,000, marking its second securitization in recent months. The transaction, executed as part of the company’s capital strategy, includes multiple tranches with varying yields and is backed by Uniti’s …
American Water Works Company, Inc. (NYSE: AWK) announced that the Pennsylvania Public Utility Commission has granted a revenue increase for its subsidiary, Pennsylvania American Water. The decision authorizes additional funds to replace aging pipes, expand treatment, and continue the removal of lead service lines. …
Cogeco’s latest quarterly results reveal a stark contrast between cash generation and earnings performance. The company produced $169 million in free cash flow during the third quarter, pushing total cash generated to $450 million for the year to date. At the same time, a …
Verizon disclosed a plan to close a selection of its retail outlets while reducing its corporate workforce. The announcement coincided with an upward movement in the company’s share price during the same trading session. With a market valuation that places the firm among the …
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