Group 1 - Consolidated Edison, Inc. has agreed to issue 6,300,000 common shares, with Barclays acting as the underwriter [1] - The common shares are expected to be issued on March 6, 2025, subject to customary closing conditions [1] - The net proceeds from the sale will be invested in the company's subsidiaries for capital requirements and general corporate purposes [2] Group 2 - The offering is made under Con Edison's effective shelf registration statement filed with the SEC, with related documents available on the SEC's website [3] - The press release clarifies that it does not constitute an offer to sell or solicit an offer to buy the securities [4] Group 3 - Consolidated Edison, Inc. is one of the largest investor-owned energy-delivery companies in the U.S., providing a range of energy-related products and services through its subsidiaries [7] - The company's subsidiaries include Consolidated Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., and Con Edison Transmission, Inc. [7]
CON EDISON ANNOUNCES PUBLIC OFFERING OF COMMON SHARES