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Ameren Announces Pricing of Senior Notes due 2036
Prnewswire· 2026-02-26 22:48
Ameren Announces Pricing of Senior Notes due 2036 [Accessibility Statement] Skip NavigationST. LOUIS, Feb. 26, 2026 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) announced today the pricing of a public offering of $400 million aggregate principal amount of 5.00% senior notes due 2036 at 99.802% of their principal amount. The transaction is expected to close on March 4, 2026, subject to the satisfaction of customary closing conditions.Ameren intends to use the net proceeds of the offering for general corpor ...
Hydro One Limited appoints Megan Telford as President and CEO following David Lebeter's retirement on June 9, 2026
Prnewswire· 2026-02-26 22:00
Hydro One Limited appoints Megan Telford as President and CEO following David Lebeter's retirement on June 9, 2026 [Accessibility Statement] Skip NavigationAppointment ensures continuity as the company continues to power Ontario's growthTORONTO, Feb. 26, 2026 /PRNewswire/ - Today, Hydro One Limited (Hydro One) announced that David Lebeter will retire from his role as President and CEO, effective June 9, 2026, and will remain as a special advisor with the company until October 10, 2026. The Board also announ ...
FirstEnergy Enhances Leadership Team with Appointment of Hannah Turner as Vice President, Transmission Finance
Prnewswire· 2026-02-26 20:07
FirstEnergy Enhances Leadership Team with Appointment of Hannah Turner as Vice President, Transmission Finance [Accessibility Statement] Skip NavigationIndustry veteran to guide financial strategy for FirstEnergy TransmissionAKRON, Ohio, Feb. 26, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has named Hannah Turner as Vice President, Transmission Finance, where she will oversee financial operations and regulatory support for FirstEnergy Transmission LLC (FET), Keystone Appalachian Transmission Company ( ...
ONCOR REPORTS 2025 RESULTS; ANNOUNCES $47.5 BILLION 2026-2030 BASE CAPITAL PLAN
Prnewswire· 2026-02-26 13:00
ONCOR REPORTS 2025 RESULTS; ANNOUNCES $47.5 BILLION 2026-2030 BASE CAPITAL PLAN [Accessibility Statement] Skip NavigationDALLAS, Feb. 26, 2026 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported net income of $1.07 billion for the twelve months ended December 31, 2025 compared to net income of $968 million in the twelve months ended December 31, 2024. The increase in net income of $102 million was driven by overall higher net revenues primarily attributable to an increase in other r ...
PSEG ANNOUNCES 2025 RESULTS
Prnewswire· 2026-02-26 12:30
outlook is supported by our updated capital spending plan and projected rate base growth, continued stringent cost control, as well as our expected nuclear output at anticipated market prices that exceed the nuclear PTC threshold price.- PSEG is updating its long-term outlook for compound annual growth in non-GAAP Operating Earnings to 6% to 8% through 2030 based on the higher midpoint of 2026 guidance, rebasing higher for the second year in a row.- PSE&G's 2026-2030 capital investment plan is expected to p ...
PSEG Increases 2026 Common Stock Dividend
Prnewswire· 2026-02-26 12:15
PSEG Increases 2026 Common Stock Dividend [Accessibility Statement] Skip NavigationIndicative Annual Dividend Rate Increases by ~6% to $2.68 Per SharePSEG's 15th Consecutive Dividend Increase and 119th Year Paying a Dividend to ShareholdersNEWARK, N.J., Feb. 26, 2026 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) declared a $0.67 per share quarterly common stock dividend for the first quarter of 2026, payable on or before March 31, 2026, to shareholders of record on Ma ...
FirstEnergy Foundation Invests in First Responder Training with $10,000 Grant to Butler County Community College
Prnewswire· 2026-02-25 15:19
FirstEnergy Foundation Invests in First Responder Training with $10,000 Grant to Butler County Community College [Accessibility Statement] Skip NavigationGREENSBURG, Pa., Feb. 25, 2026 /PRNewswire/ -- The FirstEnergy Foundation is strengthening community safety with a $10,000 grant to Butler County Community College (BC3). The funding will provide BC3's Workforce Development Industrial Safety and Fire/Hazmat programs with new rope-rescue and confined space equipment, giving local emergency responders access ...
PPL Corporation announces pricing of equity units offering
Prnewswire· 2026-02-24 02:49
Core Viewpoint - PPL Corporation has announced the pricing of its public offering of 20,000,000 Equity Units, aiming to raise approximately $1 billion to repay short-term debt and for general corporate purposes [1]. Group 1: Offering Details - Each Equity Unit is priced at $50, leading to an aggregate stated amount of $1,000,000,000 [1]. - The offering includes a Corporate Unit that consists of a contract to purchase PPL common stock, along with beneficial ownership interests in two sets of Remarketable Senior Notes due in 2034 and 2039, each with a principal amount of $1,000 [1]. - Total distributions on the Corporate Units will be at a rate of 7.00% per year, which includes interest payments on the Remarketable Senior Notes and contract adjustment payments [1]. Group 2: Purchase Contracts - Holders of the purchase contracts are required to buy a variable number of shares of PPL common stock by February 15, 2029, with a reference price of $37.2606 per share [1]. - The minimum settlement rate is 1.0735 shares per Equity Unit, while the maximum settlement rate is 1.3419 shares per Equity Unit, both subject to adjustments [1]. Group 3: Financial Proceeds and Use - The net proceeds from the offering are expected to be approximately $981 million, or $1,128 million if the over-allotment option is fully exercised [1]. - The proceeds will primarily be used to repay short-term debt and for general corporate purposes [1]. Group 4: Underwriters and Listing - J.P. Morgan Securities LLC, BofA Securities, Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC are the joint book-running managers for the offering [1]. - PPL Corporation intends to list the Corporate Units on The New York Stock Exchange, with trading expected to commence within 30 days of the initial issuance [1].
Duke Energy Foundation commits $500,000 to support local environmental resilience programs across North Carolina
Prnewswire· 2026-02-23 15:40
Duke Energy Foundation commits $500,000 to support local environmental resilience programs across North Carolina [Accessibility Statement] Skip Navigation- Funding will support projects aimed at enhancing and preserving the state's natural surroundings- Up to 20 nonprofits will each receive a $25,000 grant – [apply] by March 13CHARLOTTE, N.C., Feb. 23, 2026 /PRNewswire/ -- Duke Energy Foundation is committing $500,000 to support local environmental resilience projects across North Carolina that conserve nat ...
Stronger, Smarter Power Grid to Improve Reliability for 6,000+ Customers in Berks County
Prnewswire· 2026-02-19 14:32
Stronger, Smarter Power Grid to Improve Reliability for 6,000+ Customers in Berks County [Accessibility Statement] Skip NavigationNew transmission substation and power line to strengthen grid, support economic growthREADING, Pa., Feb. 19, 2026 /PRNewswire/ -- A major upgrade to the electric grid is underway to bring more electricity to the region and support faster power restoration for more than 6,000 FirstEnergy Pennsylvania (FE PA) customers in Berks County.Continue ReadingThe Van Reed 69-kV Transmission ...