Upgrading 10 miles of existing power lines with stronger, modern wire. Replacing older wooden poles with new, more durable ones made of wood, steel and woodlaminated structures. Adding a second set of lines along the corridor to offer multiple pathways to keep the power on when problems arise. Construction began in mid2025 and is expected to be completed in the spring.Built to Handle What's AheadThese upgrades increase the capacity of the transmission system and provide a sturdier foundation for the area ...

Hubbell (NYSE:HUBB) Q4 2025 Earnings call February 03, 2026 10:00 AM ET Company ParticipantsAlexander Virgo - Senior Managing DirectorChris Snyder - Executive DirectorDan Innamorato - VP of Investor RelationsGerben Bakker - Chairman, President, and CEOJoe Capozzoli - CFOJoseph O'Dea - Managing DirectorNigel Coe - Managing DirectorStephen Tusa - Managing DirectorConference Call ParticipantsBrett Linzey - Managing Director and AnalystChad Dillard - AnalystJeffrey Sprague - AnalystJulian Mitchell - AnalystScot ...

WOODLAND PARK, N.J., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) today announced a series of live demonstrations, collaborations, and industry engagements at DISTRIBUTECH 2026, where the company will unveil its new brand and visual identity. The rebrand reflects Anterix’s growth focus: pairing its licensed 900 MHz spectrum foundation with deployment solutions and ecosystem capabilities, helping utilities move faster from design to deployment to measurable outcomes. At DISTRIBUTECH, Anterix will ...

Core Insights - The demand for clean electricity is accelerating globally, driven by structural trends and technological advancements, benefiting companies like GE Vernova (GEV) and Public Service Enterprise Group (PEG) from different perspectives [1][2][10] Group 1: Company Profiles - GE Vernova is positioned as a growth-oriented infrastructure provider focused on electrification and transmission modernization, with a recent acquisition enhancing its market leadership [4][5] - Public Service Enterprise has a balanced portfolio of regulated and non-regulated utility assets, providing stable earnings and growth opportunities, supported by favorable wholesale electricity prices [6][7][18] Group 2: Financial Performance - The Zacks Consensus Estimate for GE Vernova's 2026 earnings per share (EPS) is $13, indicating a year-over-year growth of 76.6%, with a long-term earnings growth rate of 18% [9] - The Zacks Consensus Estimate for Public Service Enterprise's 2026 EPS is $4.36, indicating a year-over-year growth of 8.09%, with a long-term earnings growth rate of 7.05% [11] Group 3: Investment and Valuation Metrics - GE Vernova has a total debt to capital ratio of nil, while Public Service Enterprise has a ratio of 57.88% [13] - GE Vernova shares trade at a forward Price/Earnings (P/E) ratio of 51.89X, compared to Public Service Enterprise's P/E of 18.57X [14] - GE Vernova's return on equity (ROE) is 46.91%, significantly higher than Public Service Enterprise's ROE of 12.62% [15] Group 4: Stock Performance - Over the past three months, GE Vernova's shares have increased by 23.7%, while Public Service Enterprise's shares have risen by 1.4% [16] Group 5: Investment Recommendation - Currently, GE Vernova is favored due to its superior earnings growth, price performance, ROE, and better debt position, although both companies hold a Zacks Rank of 3 (Hold) [18]

Khandelwal also discussed a non-cash goodwill impairment charge of $301 million recorded in the fourth quarter related to the IXYS and Dortmund acquisitions . He said the impairment resulted from the company’s annual impairment testing and “reflects weaker sales and profitability than original expectations amid persistent soft market conditions.”Profitability improved as adjusted EBITDA margin was 20.5% , up 480 basis points . Adjusted diluted earnings per share were $2.69 . Khandelwal said the margin perfo ...

Core Viewpoint - American Electric Power Company, Inc. (AEP) is recognized as a strong investment option within the utility sector, particularly due to its significant grid modernization efforts and robust capital plans [2][3][4]. Group 1: Investment Ratings and Price Targets - Barclays has raised its price target for AEP from $117 to $121 while maintaining an Equal Weight rating, reflecting a positive outlook ahead of the fourth-quarter earnings [2]. Group 2: Company Initiatives and Growth Drivers - AEP is undertaking one of the largest grid modernization programs in the U.S., focusing on expanding transmission capacity and enhancing reliability, driven by increasing demand from electrification and data centers [3]. - The company's five-year capital plan amounts to $72 billion, which includes commitments for approximately 20 gigawatts of additional power by 2030, fueled by data centers, manufacturing reshoring, and broader economic development [4]. Group 3: Financial Metrics - AEP offers a dividend yield of approximately 3.26%, making it an attractive option for income-focused investors [4].

Core Insights - AES Corporation is a pioneer in battery energy storage systems (BESS), having developed the first utility-scale lithium-ion BESS and installed the first commercial application in Chile in 2009 [1][8] - The company is focused on enhancing grid reliability and resilience through innovative battery systems, especially as renewable energy adoption increases [1] Battery Energy Storage Benefits - Battery energy storage stabilizes both conventional and renewable generation, alleviating pressure on transmission networks and enhancing grid resilience [2] - It allows for a rapid response to disruptions and helps lower electricity costs by storing power during low-price periods and supplying it back when prices are higher [2] Key Projects - AES' L??wa??i Solar + Storage project in Hawaii combines solar generation with battery storage to provide reliable, low-carbon power and reduce fossil fuel reliance [3] - The Bellefield Solar + Storage project in California aims to deliver 1 GW of solar capacity and 1 GW of battery storage, supporting California's clean energy goals [3] - The Luna and LAB Energy Storage projects in Los Angeles County feature a combined capacity of approximately 227 MW and nearly 908 MWh, enhancing grid stability [4] Industry Trends - Companies like Duke Energy and The Southern Company are also investing in battery storage to improve grid stability and optimize renewable energy integration [5][6] - Duke Energy plans to expand its energy storage capacity to over 6,000 MW by 2035 and about 30,000 MW by 2050 [6] Financial Performance - The Zacks Consensus Estimate for AES indicates an 8.44% year-over-year increase in EPS for 2026 [7] - Current estimates show a projected EPS of 2.36 for 2026, with a year-over-year growth estimate of 8.44% [9] Stock Valuation - AES is currently trading at a forward price-to-earnings ratio of 5.92X, significantly lower than the industry average of 15.45X, indicating a potential investment opportunity [10] - Over the past six months, AES shares have increased by 11.3%, outperforming the industry growth of 8.1% [12]

Core Viewpoint - Aecon Group Inc. has successfully completed the acquisition of K.P.C. Power Electrical Ltd. and K.P.C. Energy Metering Solutions Ltd., enhancing its capabilities in the utilities sector and positioning itself for future growth opportunities in grid modernization and infrastructure upgrades [1][2]. Company Overview - Aecon Group Inc. is a North American construction and infrastructure development company that provides integrated solutions across various sectors, including Civil, Urban Transportation, Nuclear, Utility, and Industrial [3]. - Aecon Utilities, a subsidiary of Aecon, specializes in utility infrastructure solutions in Canada and the U.S., focusing on electrical transmission, renewables, telecommunications, and pipeline distribution [4]. KPC Overview - KPC offers utility contracting solutions, specializing in high-voltage testing, commissioning, and energy metering solutions, with a strong commitment to safety and quality [5].

Core Insights - Microgrids are increasingly recognized as essential systems for maintaining power reliability and reducing costs, especially in the face of extreme weather events and rising energy costs [1][2] - Despite their potential, microgrids have not been widely deployed by utilities, which remain largely in the pilot phase of testing individual projects [1] Group 1: Importance of Microgrids - Microgrids provide utilities with strategic and operational advantages beyond just backup power, enhancing overall system reliability and resilience [2] - They can operate independently during service disruptions, ensuring critical facilities remain powered and facilitating quicker service restoration [2] Group 2: Utility Deployment Examples - Pacific Gas and Electric has implemented microgrids in wildfire-prone areas of California to maintain power during safety shutoffs [2] - Duke Energy has utilized microgrids in hurricane-prone regions of the Southeast U.S. to mitigate the need for extensive power line rebuilds [2] - San Diego Gas & Electric operates a microgrid in Borrego Springs, California, serving approximately 3,000 customers with backup solar, battery, and generator power [2] Group 3: Advantages for Utilities - Utilities possess unique advantages in planning and optimizing microgrids due to access to comprehensive data on outages, customer consumption, and power costs [2] - By incorporating microgrids into capital planning, utilities can transition these projects from isolated initiatives to integral components of grid modernization [2]

Core Insights - A power grid upgrade is being implemented in southeastern Pennsylvania to enhance electric service for residents and businesses in Lehigh and Berks counties [1] - The project involves rebuilding a 15-mile stretch of high-voltage power lines and upgrading four substations to improve grid reliability and reduce outage duration [1][2] Project Details - The Allentown-Lyons-South Hamburg 69-kilovolt (kV) Line Rebuild Project, led by Mid-Atlantic Interstate Transmission (MAIT), aims to replace aging infrastructure with stronger poles and modern wires [2] - Construction began in August 2025 and is expected to be completed by November 2027 [3] Benefits of the Upgrade - The rebuilt line will enhance electricity flow, facilitating power rerouting during emergencies or maintenance [3] - New conductors will be installed at four substations, improving capacity and efficiency, akin to upgrading from a two-lane road to a four-lane highway [4] Financial Commitment - The project is part of a larger $28 million investment under FirstEnergy's Energize365 program, which aims to modernize the electric grid with a total investment of $28 billion from 2025 to 2029 [5] Customer Impact - Met-Ed serves approximately 592,000 customers across 3,300 square miles in eastern and southeastern Pennsylvania, benefiting from the grid improvements [6] - The upgrades will enable the electric system to handle higher demand during peak periods, prevent overloads, and restore power more quickly when outages occur [9]