Infrastructure Upgrades

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Infrastructure Upgrades to Drive FirstEnergy's Future Performance
ZACKS· 2025-10-02 15:21
Key Takeaways FE plans $5B in 2025 capital spending, up 11.1% year over year, to strengthen transmission assets.FirstEnergy's Energize365 platform includes $28B of 2025-2029 grid modernization investments.FE's 2025-2029 plan factors in 2.7 GW of active or contracted demand from data center development.FirstEnergy Corporation’s (FE) strong transmission and distribution operations, along with its ongoing investments, should enhance grid reliability and enable the company to serve its customers efficiently. Th ...
Crowdell: The outlook for utilities has never looked better
CNBC Television· 2025-06-20 11:35
electric utilities at Mizuho. Good morning. Good to see you.>> Hey good morning Frank. >> All right. So is a heat wave necessarily good for utilities.Does that increase profits. Does it increase revenue. What does it do.>> A little of everything. It's definitely really good for utilities because we're spending at record levels. Just to give you some numbers here five years ago I think the sector.So if I just use electric, gas and water utilities spending about $150 billion a year in CapEx. And in 2026, we'r ...