Financial Data and Key Metrics Changes - The company achieved record revenue of just under $1,900,000,000 for Q2 2025, an increase of $327,000,000 or 20.9% from the prior year [21] - Gross profit for Q2 was $231,700,000, up $45,000,000 or 24.1% compared to the prior year, with gross margins improving to 12.3% from 11.9% [22] - Net income increased to $84,300,000 or $1.54 per fully diluted share, both up around 70% from the prior year [27] - Adjusted EBITDA was up over 30% to $154,800,000 compared to the prior year [27] Business Line Data and Key Metrics Changes - The Energy segment revenue increased by $263,300,000 or 27% from the prior year, driven by increased renewables activity [21] - The Utility segment revenue was up $72,200,000 or 11.6% from the prior year, driven by higher activity across all service lines [21] - Gross profit in the Utility segment was $97,500,000, up $33,500,000 or 52.3% compared to the prior year, with gross margins improving to 14.1% from 10.3% [23] - In the Energy segment, gross profit was $134,200,000 for the quarter, an increase of $11,500,000 or 9.4% from the prior year, but gross margins decreased to 10.8% from 12.6% [24] Market Data and Key Metrics Changes - The company is evaluating nearly $1,700,000,000 of work related to data centers, with optimism about winning a fair share [10] - There are between $20,000,000,000 and $30,000,000,000 of solar projects planned through 2028 on the company's sales radar [12] - The company expects a solid renewables bookings environment in the second half of the year and into 2026 [18] Company Strategy and Development Direction - The company aims to grow profitably through disciplined capital allocation and sees significant opportunities in power generation and utility infrastructure [7][10] - The strategy to improve utility margins is showing results, with a focus on attracting and retaining talent to meet growing demand [15][33] - The company is committed to disciplined bidding and project execution while managing risk to expand margins and increase cash flow [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand backdrop, stating it is the best experienced by the company [31] - The outlook for gas operations is trending favorably, with more utilities opting for third-party service providers [13] - Management anticipates continued growth in the renewables sector despite some near-term uncertainties [18][19] Other Important Information - The company maintained strong liquidity of $690,000,000, including approximately $390,000,000 in cash [28] - Total backlog at the end of Q2 was just under $11,500,000,000, with MSA backlog up over $600,000,000 from Q1 [28][29] - The company updated its guidance for EPS to $4.4 to $4.6 per fully diluted share for the full year 2025 [29] Q&A Session Summary Question: Is the expectation for a back-end loaded order book still valid? - Management confirmed that they still predict a back-end loaded order book, with good bookings expected in Q3 and Q4 [36] Question: How much of the overall demand stems from MSA customers? - A significant portion of demand is driven by MSA work, particularly in gas and electric utilities [39] Question: What are the expectations for margins in the Utility segment? - The gross margin target for 2025 was increased to 10% to 12%, reflecting a structural shift due to various initiatives [44] Question: Can you quantify the closeout payments in the Utility segment? - Closeouts contributed about $6,000,000 of incremental gross profit during the quarter [51] Question: What is the outlook for pipeline projects? - Management remains optimistic about pipeline projects, expecting to see good bookings in the power generation side [56] Question: Is there potential for organic improvement in renewables gross margin? - While there is potential for improvement, margins are generally expected to remain stable [66]

Oslo, 04 August 2025: Scatec ASA will release its second quarter and first half 2025 results on Tuesday 19 August 2025 at 07:00 CEST. A presentation of the results followed by a Q&A session will be held on the same day at 09:00 CEST at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q2 2025. For further information, please contact:For analysts and i ...

Europe’s hard right, like America’s, has come to loathe renewable energy. It is unreliable, they say, and too expensive. Now parties on the centre-right are saying things that sound increasingly similar https://t.co/LWARn1foaO ...

Renewable energy like wind and solar has created a hidden infrastructure problem. The issue is that power grids which carry electricity to homes and businesses weren't designed for wind and solar. And even though renewables have become a larger part of the overall power supply, grid infrastructure hasn't kept up.It's why some grid experts say renewables contributed to the severity of the blackout across Spain and Portugal in April. Conventional power plants like coal and natural gas have inertia built into ...

Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of $681 million for Q2 2025, an increase from $658 million in the previous year, driven by growth from new renewables projects and cost reductions [25][26] - Adjusted EPS increased by 34% to $0.51 per share compared to $0.38 in the prior year, supported by higher U.S. renewable tax attributes [26][32] Business Line Data and Key Metrics Changes - The Renewables Strategic Business Unit (SBU) saw adjusted EBITDA of $240 million, representing a 56% growth year-over-year, attributed to 3.2 gigawatts of new projects added to the portfolio [10][27] - The Utilities SBU experienced lower adjusted pretax contributions due to planned outages and the sell-down of AES Ohio, but significant growth is expected driven by new investments [29][31] Market Data and Key Metrics Changes - The company has a backlog of 12 gigawatts of signed Power Purchase Agreements (PPAs), with 4.1 gigawatts international and 7.9 gigawatts in the U.S., with plans to place 6 gigawatts in service by the end of 2027 [13][40] - Demand for electricity in the U.S. is growing rapidly, with expectations of over 600 terawatt hours of additional power needed by the end of the decade, primarily driven by data centers [19][20] Company Strategy and Development Direction - The company aims to maintain its position as a leading provider of renewables to data centers, with over 11 gigawatts of agreements signed to date [18][41] - The strategy focuses on delivering energy solutions that meet customer demands for renewables and storage, while also maintaining flexibility to adapt to market changes [21][38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the backlog of renewables and energy storage projects, emphasizing that recent U.S. policy changes are largely inconsequential to their operations [12][36] - The company expects strong demand for electricity to continue, with a robust growth outlook even as tax credits expire [18][35] Other Important Information - The company is on track to invest approximately $1.4 billion in U.S. utilities in 2025, focusing on improving customer reliability and supporting economic development [22][24] - The company has implemented a supply chain strategy that mitigates risks from potential future tariffs and ensures compliance with U.S. manufacturing requirements [16][36] Q&A Session Summary Question: Project online timing and EPS/EBITDA recognition - Management confirmed that most of the remaining 1.3 gigawatts will be commissioned by the end of the year, with tax attributes expected to be split between the third and fourth quarters [46][47] Question: Value of the underlying business and potential acquisition - Management believes the company has been undervalued and highlighted the strength of their backlog and execution capabilities [51][52] Question: Risk to safe harboring from executive orders - Management expressed confidence in their robust position, noting that most projects are not exposed to potential changes in treasury guidance [58][60] Question: Load updates and demand in service territories - There is strong interest and demand in their utility sectors, particularly from data centers, with about 2 gigawatts of additional demand signed [64] Question: Details on signed PPAs - The company signed 1.6 gigawatts of new PPAs, primarily with data center customers, skewed towards solar plus batteries [70] Question: Gas generation build-out capabilities - Management confirmed ongoing capabilities to build gas plants as needed, particularly for data centers, while focusing primarily on renewables [101][102] Question: Consolidation in the renewable industry - Management anticipates opportunities for acquisitions of smaller developers and advanced-stage projects due to the current market environment [103]

Financial Data and Key Metrics Changes - IDACORP's diluted earnings per share for Q2 2025 were $1.76, an increase from $1.71 in Q2 2024 [3] - For the first half of 2025, diluted earnings per share were $2.87 compared to $2.67 in the same period of 2024 [4] - The company raised the lower end of its full-year diluted earnings per share guidance to a range of $5.70 to $5.85, driven by strong operational results [4][29] - Net income increased by $6.3 million in Q2 2025 compared to Q2 2024, primarily due to higher retail revenues and customer growth [16] Business Line Data and Key Metrics Changes - Idaho Power's customer base grew by 2.5% year-over-year, with significant investments from sectors like technology and food processing [5] - Retail revenues per megawatt hour increased operating income by $8.8 million, largely due to a rate change effective January 1 [16] - Customer growth contributed an additional $6 million to operating income, with usage per retail customer benefiting from warmer weather [18] Market Data and Key Metrics Changes - The pipeline of prospective customers exceeds the all-time peak load of approximately 3,800 megawatts, indicating robust demand [7] - The company is experiencing a 30% increase in large load inquiries compared to the previous year, reflecting strong interest in its service territory [40] Company Strategy and Development Direction - IDACORP is focusing on sustainable growth and responsible service to existing customers while planning for new large load customers [7] - The company is advancing several key infrastructure projects, including the Boardman to Hemingway transmission line and battery storage projects [9][10] - The 2025 Integrated Resource Plan (IRP) recommends more gas-fired resources to enhance system flexibility and capacity [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued customer growth and the potential for increased load forecasts in future IRPs [39] - The company is navigating regulatory challenges and uncertainties related to renewable project constructability due to recent legislation [10] - Management highlighted the importance of flexibility in planning to address dynamic market conditions [10] Other Important Information - IDACORP filed a general rate case in May 2025, requesting a rate increase of approximately $199 million for Idaho customers [15] - The company is committed to maintaining a 50/50 debt-to-equity ratio and has entered into forward sale agreements to support its equity needs [23][24] Q&A Session Summary Question: Can you talk about how many potential connections are in the pipeline? - Management noted that the pipeline includes mostly data centers, but the exact number of projects was not available [35] Question: Are you considering a potential step up in the 2027 IRP? - Management indicated that it is conceivable to have a higher forecast in the 2027 IRP based on ongoing economic activity [39] Question: What is the irrigation impact in the second quarter? - Management reported a significant impact due to low precipitation, with a 15% increase in irrigation sales year-to-date, but flat on a weather-adjusted basis [45] Question: What is the timeline for Micron's second phase? - Management is working through details with Micron and will share information as it becomes available [51] Question: Will you need to upsize gas expectations due to the tax bill? - Management confirmed that this is one of the scenarios being analyzed [41] Question: When will the procedural schedule for the rate case be available? - Management expects to finalize the procedural schedule in the coming weeks [43]

Core Points - QNB Metals Inc. announced the approval of all matters set out in the Management Information Circular during the 2025 Annual and General Meeting of Shareholders held on July 30, 2025 [1][3] - A total of 18,758,131 shares were represented at the meeting, accounting for 40.12% of the Corporation's outstanding shares [2] - The meeting resulted in the approval of a Proposed Transaction, Change of Business, share consolidation, and name change [3] Director Elections - Four director nominees proposed by management were elected with significant support, including Mario Bouchard (90.41% approval), Mario Drolet (97.98%), Michael Mansfield (97.98%), and Maxime Lemieux (90.41%) [4] - Five post-transaction director nominees, including Andre Proulx, were also elected with 97.98% approval [4] - Andre Proulx has extensive experience in the oil and mining sectors, having led the discovery of oil deposits and raised significant equity for various companies [4] Management Changes - Byron D'Silva was appointed as Chief Financial Officer of the post-transaction company [5] - Mr. D'Silva has over 25 years of experience in financial reporting, audit, and risk management, previously working at KPMG and Royal Bank of Canada [6][7] Company Overview - QNB Metals is focused on exploring natural or white hydrogen in Ontario and Quebec, utilizing patent-pending detection technology [9] - The company also holds the Kingsville Salt Reservoir Project in Nova Scotia [9] - ReSolve, a private Canadian company, is involved in developing advanced biofuel and renewable energy technologies, including natural hydrogen resource exploration [10][11]

A landmark pledge made by countries less than two years ago to triple the world’s renewable capacity by 2030 already looks in danger of not being met, a new report finds https://t.co/bEpXRAJeMw ...

Company Overview - Village Farms International, Inc. is a large-scale, vertically-integrated supplier of high-value, high-growth plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [4] - The company has a strong foundation as a leading fresh produce supplier in the US and Canada, now focusing on high-growth cannabinoid opportunities internationally [4] Cannabis Operations - In Canada, the company's subsidiary Pure Sunfarms operates one of the largest cannabis operations globally, with 2.2 million square feet of greenhouse production and is recognized as a low-cost producer [5] - Village Farms owns an additional 2.6 million square feet of greenhouse capacity in Canada for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [5] - Internationally, the company exports medical cannabis from its EU GMP certified facility in Canada to markets including Germany, the UK, Israel, Australia, and New Zealand, and is expanding its export business [6] US Market Strategy - In the US, Balanced Health Botanicals, a wholly-owned subsidiary, is a leading CBD and hemp-derived brand and e-commerce platform [7] - Village Farms plans to enter the US THC market by leveraging its Texas-based greenhouse assets, which include 2.2 million square feet of existing greenhouse capacity and 950 acres of owned land for future expansion [7] Renewable Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, creates renewable natural gas from landfill gas, significantly reducing greenhouse gas emissions in Vancouver by 475,000 metric tons of CO2 annually [8] Joint Ventures and Investments - The company holds a 37.9% equity interest in Vanguard Food LP, a joint venture aimed at creating a premier branded CPG foods company through mergers and acquisitions [9]

So much for the Liberation Day selloff! Markets are rising to new highs – and our MoneyShow experts have several ideas on how you can capitalize. Here are three.Mike Larson MoneyShow.comWhat about housing?It’s a question I used to get a LOT. After all, I closely analyzed and wrote about the mortgage and real estate industries for years. But even though I haven’t heard it much from friends, family members, colleagues, readers, and conference attendees, I have heard a few people talk about housing STOCKS and ...