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OGE Energy Corp. appoints treasurer
Prnewswire· 2025-09-23 20:25
Group 1 - OGE Energy Corp. appointed Jason Bailey, a 23-year company veteran, as Treasurer, retaining his roles in investor relations, risk management, and insurance [1][2] - The Board of Directors approved a fourth quarter dividend of $0.425 per common share, to be paid on October 31, 2025, to shareholders of record on October 6, 2025 [2][3] - The company reported earnings of $0.53 per diluted share for the second quarter of 2025 [5] Group 2 - Lyle Ganske was appointed to the OGE Energy board of directors, indicating ongoing governance changes within the company [4]
The PG&E Corporation Foundation Helps Battle Food Insecurity with Contributions to Local Food Banks, Meal Distribution Organizations
Prnewswire· 2025-09-18 20:30
Core Points - PG&E Corporation Foundation is donating $1.12 million to local food banks and meal programs to address food insecurity, providing approximately 3.13 million meals for those in need [2][4][5] - The funding will support over 50 food distribution organizations across 46 counties in Northern and Central California, highlighting the importance of this support amid federal cuts to food assistance programs [3][4][6] - The grants are part of Hunger Action Month, emphasizing the need for action against hunger, especially in communities of color where food insecurity is more pronounced [4][5] Funding and Impact - The contribution aims to assist families struggling with food access, with local food banks already providing food assistance to 1 in 6 people in certain counties [6] - Grant amounts are determined based on county poverty and unemployment levels to ensure equitable distribution of resources [7] Emergency Preparedness - PG&E has agreements with 25 local food banks in high fire-risk areas to provide food replacement during Public Safety Power Shutoff (PSPS) events, which are implemented to prevent wildfires [8] - Community Resource Centers are opened during PSPS events to offer basic supplies and support to affected customers [10]
CON EDISON TO WEBCAST INVESTOR PRESENTATION 'Delivering Reliable and Resilient Energy for the Future' ON OCTOBER 7, 2025
Prnewswire· 2025-09-17 20:30
Group 1 - Consolidated Edison, Inc. will host an investor presentation titled "Delivering Reliable and Resilient Energy for the Future" on October 7, 2025, from 8:30 a.m. to 10 a.m. Eastern Time [1] - The corporate leadership team, led by Tim Cawley, will discuss the company's strategy to support New York State's clean energy goals while ensuring a safe and reliable grid [2] - The presentation will include a question-and-answer session, with additional details and a link to the live webcast to be provided before the event [3] Group 2 - Consolidated Edison, Inc. operates through subsidiaries including Consolidated Edison Company of New York, Inc., which provides electric, gas, and steam services in New York City and surrounding areas [4] - Orange and Rockland Utilities, Inc. serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey [4] - Con Edison Transmission, Inc. focuses on developing and investing in electric transmission projects and owns electric and gas assets through joint ventures [4]
Duke Energy board appoints Jeffrey Guldner as board member
Prnewswire· 2025-09-12 10:28
Core Insights - Duke Energy has appointed Jeffrey Guldner as a new board member, effective September 15, 2025, and he will serve on the Compensation and People Development Committee and Finance and Risk Management Committee [1][2] Group 1: Leadership and Experience - Jeffrey Guldner brings valuable leadership and insights from his previous role as chairman, president, and CEO of Pinnacle West Capital Corporation and its subsidiary, Arizona Public Service Company (APS) [2][3] - During Guldner's tenure at APS, Arizona experienced significant economic growth, and he ensured the company met record energy demands while maintaining affordability and reliability for customers [3] Group 2: Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.6 million electric customers across several states and owning 55,100 megawatts of energy capacity [5] - The company also serves 1.7 million natural gas customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky [5] Group 3: Strategic Initiatives - Duke Energy is undergoing an ambitious energy transition, focusing on customer reliability and value while investing in electric grid upgrades and cleaner energy generation, including natural gas, nuclear, renewables, and energy storage [6]
Georgia Power receives approval from Georgia PSC for five new solar facilities to supply CARES 2023 solar program
Prnewswire· 2025-09-05 19:00
Core Points - Georgia Power has received approval for five new utility-scale solar power purchase agreements (PPAs) totaling 1,068 megawatts (MW) to enhance its Clean and Renewable Energy Subscription (CARES) 2023 program [1][3] - The CARES program allows commercial and industrial customers to purchase subscriptions for a share of renewable resource production, reflecting a growing demand for sustainability initiatives [2] - The selected projects are expected to provide long-term benefits to customers and diversify Georgia Power's generation mix, enhancing reliability [3][4] Project Details - The five new solar facilities will be located in various counties in Georgia, including: - Mitchell County: 260 MW capacity with a 25-year PPA - Coffee County: 200 MW capacity with a 30-year PPA - Wilkinson County: 183 MW capacity with a 20-year PPA, plus a 91.5 MW battery storage system - Jefferson County: 200 MW capacity with a 20-year PPA - Laurens County: 225 MW capacity with a 20-year PPA [8] Future Plans - Georgia Power's 2025 Integrated Resource Plan (IRP) aims to procure up to 4,000 MW of renewable resources by 2035, with an initial target of 1,100 MW through competitive processes [6] - The CARES 2025 RFP has been issued, targeting up to 2,000 MW of utility-scale solar projects, with commercial operation dates expected as early as 2028 [5]