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US offers largest ever energy loan with $26.5 billion to Southern Co
Reuters· 2026-02-25 15:19
The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co to increase grid reliability, the largest ever such financing by its loan office, the department said on Wed... ...
Pinnacle West posts quarterly profit on higher rates, robust power demand
Reuters· 2026-02-25 14:37
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Pinnacle West posts quarterly profit on higher rates, robust power demand February 25, 20262:37 PM UTCUpdated ago By Reuters Feb 25 (Reuters) - Pinnacle West Capital (PNW.N), opens new tab reported a profit in the fourth quarter on Wednesday, compared with a year-ago loss, as the U.S. utility benefited from robust demand for power and higher electricity rates. U.S. utilities have been seeking ...
Southern Company receives historic Department of Energy $26.5 billion loan guarantees to increase grid reliability
Prnewswire· 2026-02-25 14:26
Core Insights - The article highlights a significant investment of up to $26.54 billion from the U.S. Department of Energy aimed at enhancing energy infrastructure and grid reliability for Southern Company’s subsidiaries, Georgia Power and Alabama Power [1] - This investment is projected to create approximately $7 billion in benefits for customers in Alabama and Georgia, contributing to lower energy costs and improved grid strength [1] Investment Details - The loan package of $26.54 billion is part of the Department of Energy's Office of Energy Dominance Financing initiative [1] - The funding is expected to support the advancement of the president's energy dominance and affordability agenda [1] Customer Benefits - Customers across Alabama and Georgia will experience reduced energy costs as a result of this investment [1] - The initiative aims to strengthen the energy grid, enhancing reliability for consumers [1]
Top 2 Utilities Stocks That May Collapse This Month
Benzinga· 2026-02-25 13:56
As of Feb. 25, 2026, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Ben ...
Avista Corp. Reports 2025 Financial Results, Initiates 2026 Utility Earnings Guidance
Globenewswire· 2026-02-25 12:05
SPOKANE, Wash., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income based on GAAP of $193 million, or $2.38 per diluted share, compared to $180 million, or $2.29 per diluted share, in 2024. Non-GAAP utility earnings1 were $207 million, or $2.55 per diluted share, compared to $187 million, or $2.38 per diluted share in 2024. Our utility results were driven by strong operational execution, constructive regulatory outcomes, customer load growth, and disciplined cost management. ...
Iberdrola's Net Profit Rises, Reiterates Guidance
WSJ· 2026-02-25 08:23
Core Viewpoint - Iberdrola reported an increase in net profit for 2025, primarily driven by its networks business, and the company reaffirmed its guidance for the upcoming year [1] Group 1 - The net profit of Iberdrola rose in 2025 [1] - The growth in net profit was mainly attributed to the performance of its networks business [1] - The company reiterated its guidance for the year ahead, indicating confidence in future performance [1]
Integrated Annual Report 2025: record strategic progress with +0.7 GW of new green capacities installed, completed mass smart meter roll-out, and Adjusted EBITDA beat
Globenewswire· 2026-02-25 07:34
Financial Performance - Adjusted EBITDA for the full-year 2025 was EUR 546.1 million, representing a 3.4% increase year-over-year, exceeding the guidance range of EUR 510–540 million, driven by strong performance in Green Capacities and Networks [2] - Total Investments in 2025 amounted to EUR 720.3 million, a decrease of 11.3% year-over-year, within the guidance range of EUR 700–800 million, with 53.1% allocated to Networks and 39.7% to Green Capacities [3] - Net Debt increased to EUR 1,912.0 million as of December 31, 2025, an 18.6% increase from EUR 1,612.3 million in 2024, leading to a decrease in FFO/Net Debt ratio to 21.0% from 29.7% [4] Business Development - Installed capacity in Green Capacities increased to 2.1 GW from 1.4 GW, with key milestones including Final Investment Decisions for several projects in Lithuania [5] - A 10-year Investment Plan for Networks was set at EUR 3.5 billion, with a 40% increase, and the completion of a mass smart meter roll-out with 1.3 million smart meters installed [6] - The company won a Polish capacity mechanism auction for 381 MW in Q1 2026 and signed a 7-year PPA with Lithuanian TSO at a fixed price of EUR 74.5/MWh [7] Sustainability - The Green Share of Generation was 70.2%, a decrease of 11.3 percentage points year-over-year, attributed to higher electricity generation at Elektrėnai Complex [8] - Total GHG emissions in 2025 were 4.49 million t CO2-eq, a 10.1% increase year-over-year, with Scope 1 emissions rising by 54.7% due to new services [9] - Carbon intensity (Scope 1 & 2) increased to 248 g CO2-eq/kWh, a 24.5% rise year-over-year, driven by intensified electricity generation from natural gas [10] Shareholder Returns and Outlook - The proposed total dividend for 2025 is EUR 1.366 per share, a 3.0% increase year-over-year, amounting to EUR 98.9 million, representing a yield of 6.2–6.4% for shareholders [14] - For 2026, the company expects Adjusted EBITDA to be between EUR 550–600 million and Investments to be between EUR 590–690 million [15] Key Financial Indicators - Adjusted EBITDA for 2025 was EUR 546.1 million, up from EUR 527.9 million in 2024, while Net profit decreased to EUR 163.9 million from EUR 276.2 million [16] - Investments in Networks increased by 13.5% to EUR 382.5 million, while Investments in Green Capacities decreased by 34.2% to EUR 285.9 million [16] - FFO decreased by 16.2% to EUR 400.9 million, and the Adjusted ROE fell to 9.2% from 11.8% [16]
Iberdrola posts 12% increase in net profit boosted by networks business
Reuters· 2026-02-25 07:21
Group 1 - Iberdrola reported a 12% increase in net profit for the last year, reaching 6.29 billion euros ($7.42 billion), driven by its power network business in the UK and the US [1] - The company incurred charges of 464 million euros in the fourth quarter related to its renewables pipeline [1] - Iberdrola aims for an adjusted net profit exceeding 6.6 billion euros this year and more than 7.6 billion euros by 2028 [2]
E.ON's Earnings Rise as It Spends on European Energy Infrastructure
WSJ· 2026-02-25 06:45
Core Insights - E.ON's earnings increased due to the expansion and upgrading of energy infrastructure across Europe [1] - The company has raised its investment plan extending to 2030 [1] Company Developments - E.ON is focusing on enhancing energy infrastructure, which has positively impacted its financial performance [1] - The raised investment plan indicates a commitment to long-term growth and development in the energy sector [1]
E.ON (OTCPK:ENAK.F) Earnings Call Presentation
2026-02-25 06:00
it's on us Capital Markets Story February 2026 We are the playmaker of the green energy transition in Europe ~76% Adj. EBITDA share1 Energy Networks We operate the largest energy distribution grid in Europe and are the backbone of the green energy transition with the most critical infrastructure for society. Top-3 markets Regulated asset base4 ~8% Adj. EBITDA share1 Energy Infrastructure Solutions Industries and cities face major energy supply challenges on their way to climate neutrality. We provide infras ...