Core Viewpoint - Southwest Gas Holdings, Inc. is initiating a secondary public offering of 9,000,000 shares of Centuri Holdings, Inc. common stock, with an option for underwriters to purchase an additional 1,350,000 shares [1][2] Group 1: Offering Details - The offering includes 9,000,000 existing shares of Centuri's common stock, with a potential additional purchase option for underwriters [1] - Icahn Partners and Icahn Partners Master Fund LP will concurrently purchase $50 million in shares from Southwest Gas Holdings at the offering price [2] - The shares are being offered under an effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be available [3] Group 2: Company Background - Southwest Gas Holdings operates through its subsidiary, Southwest Gas Corporation, providing natural gas services to over 2 million customers in Arizona, Nevada, and California [5] - Centuri Holdings, Inc. is a utility infrastructure services company that collaborates with regulated utilities to maintain energy networks across the U.S. and Canada [6]

COLUMBUS, Ohio, May 20, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Douglas A. Cannon president of AEP Transmission, effective June 11. Cannon will report to Bill Fehrman, AEP president and chief executive officer.In this role, he will lead all aspects of AEP's transmission business, including planning, projects, engineering, operations and growth. Cannon currently serves as the president and chief executive officer of NV Energy and is responsible for all aspects of service to its 1 ...

Company Overview - Cadiz, Inc. is a California water solutions company founded in 1983, focused on providing access to clean, reliable, and affordable water through a combination of water supply, storage, pipeline, and treatment solutions [3] - The company manages 45,000 acres of land in California and has a water supply capacity of 2.5 million acre-feet, along with 220 miles of pipeline assets [3] - Cadiz utilizes the most cost-effective water treatment filtration technology in the industry to address the impacts of climate change on clean water access [3] Recent Events - Cadiz, Inc. will participate in the B. Riley Securities 25th Annual Investor Conference on May 21-22, 2025, at the Ritz-Carlton, Marina Del Rey, California [1] - Management will engage in one-on-one meetings with investors throughout the day on May 21 [1] - An updated investor presentation will be available on the company's investor website following the conference [2]

Andrew Walters Image of Andrew F. Walters SAN JOSE, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ:HTO) announces the appointment of Andrew F. Walters, Chief Financial Officer of H2O America, to its Board of Directors, effective July 1, 2025. Walters will serve as a director, bringing a wealth of expertise, strategic leadership, and focus on an employee-first culture to the role. Following Walters’ appointment, the board will consist of ten directors. "I am honored to join the board of H2O ...

The Southern Company (SO) , via one of its affiliates, Georgia Power Company, recently announced a proposed settlement with the Georgia Public Service Commission (PSC) Public Interest Advocacy Staff. The agreement recommends extending the current alternate rate plan through Dec. 31, 2028, maintaining rate stability for Georgia Power customers for three additional years.This settlement is still pending approval from the Georgia PSC, with a final decision expected by July 1, 2025. If rejected, Georgia Power m ...

Monroy, 46, joined the company in 2003 and has most recently served as Vice President of PNM Regulatory. He has an extensive background in accounting and finance, having previously served as the company's Vice President and Corporate Controller from 2020 until 2023, as well numerous leadership positions with the company's accounting, revenue and budget functions. Monroy graduated from New Mexico State University with a bachelor's degree in accounting and is a Certified Public Accountant in the State of New ...

Core Viewpoint - Southern Company announced a private placement offering of $1.25 billion in convertible senior notes due June 15, 2028, with an option for initial purchasers to buy an additional $200 million [1][2]. Group 1: Offering Details - The convertible notes will be senior, unsecured obligations of Southern Company, with interest paid semiannually and maturity on June 15, 2028 [2]. - The final terms, including the initial conversion price and interest rate, will be determined at the time of pricing [2]. Group 2: Conversion Terms - Prior to March 15, 2028, the notes will be convertible only upon certain events and during specific periods; after that, they can be converted at any time until two trading days before maturity [3]. - Upon conversion, Southern Company will pay cash up to the principal amount and may pay the remainder in cash, shares, or a combination [3]. Group 3: Use of Proceeds - A portion of the net proceeds will be used to repurchase existing convertible senior notes due December 15, 2025, and June 15, 2027, through negotiated transactions [4]. - Remaining proceeds will be used to repay commercial paper borrowings and for general corporate purposes, including investments in subsidiaries [4]. Group 4: Repurchase Transactions - Southern Company plans to negotiate terms for repurchasing existing convertible notes with a limited number of holders, influenced by market conditions [5]. - The company may also repurchase outstanding existing convertible notes after the offering is completed [5]. Group 5: Market Impact - The repurchase of existing convertible notes may lead holders to engage in derivative transactions or stock trades to hedge their exposure, potentially affecting the market price of Southern Company's common stock [6]. Group 6: Company Overview - Southern Company is a leading energy provider serving 9 million customers across the Southeast, with operations in electric and natural gas distribution, competitive generation, and telecommunications [9].

Core Insights - Entergy Corporation and Ameren are experiencing a surge in demand for the first time in years, driven by factors such as reshoring, AI-driven data center plans, and supportive legislation [1] Company Analysis - Entergy Corporation (NYSE: ETR) and Ameren (NYSE: AEE) are both regulated electric utilities [1] - Both companies are accelerating their investments in response to the increased demand [1] Market Trends - The surge in demand is attributed to reshoring initiatives and advancements in AI technology, particularly in data centers [1] - Legislative support is also contributing to the favorable market conditions for these utilities [1]

Sometimes short-term adversity can create opportunities for the long-term investor. 2. NextEra Energy Technology is creating substantial electricity demand; some estimates project U.S. electricity consumption will rise by 50% by 2050. That positions NextEra Energy (NEE -1.60%) as a potential winner over the coming decades. The energy company operates the largest electric utility, Florida Power & Light, in America, and its subsidiary, NextEra Energy Resources, is the world's largest producer of wind and sola ...

Core Points - California Water Service (Cal Water) has organized field trips for over 400 students across California to educate them about the importance of water conservation and its role in the ecosystem [1][2] - The initiative, Aqua Adventures, is part of Cal Water's conservation education program "Tap Into Learning," which has been running for 11 years and offers various educational opportunities for students [2][4] - Cal Water also provides $250 Water Smart Grants for teachers to propose water-related classroom projects, promoting further engagement in water conservation education [4] Company Overview - California Water Service provides reliable water utility services to more than 2.1 million people through 499,400 service connections [5] - The company focuses on enhancing the quality of life for customers and communities by investing in water and wastewater infrastructure and sustainability initiatives [5] - Cal Water has received recognition as one of "America's Most Responsible Companies" and "World's Most Trustworthy Companies" by Newsweek, highlighting its commitment to integrity and community well-being [5]