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As Trump Rolls Back Clean Energy Incentives, These 2 Solar Stocks Are Seeing A Sharp Drop In Quality Metrics - Enphase Energy (NASDAQ:ENPH)
Benzinga· 2025-10-14 08:24
President Donald Trump’s “One Big, Beautiful Bill” slashed incentives for solar and wind projects, taking a toll on several stocks in the sector. Two leading solar stocks have similarly witnessed a significant decline in their Quality metrics in Benzinga’s Edge Stock Rankings over the past week, with the loss of incentives and subsidies that were part of the Inflation Reduction Act, signed by former President Joe Biden, being a major factor.2 Solar Stocks Witness Sharp Drop In Quality MetricsThe Quality met ...
Why Duke Energy Stock Deserves a Spot in Your Portfolio Right Now
ZACKS· 2025-10-08 13:25
Key Takeaways Duke Energy projects 2025 EPS of $6.32 and revenues of $31.76B, marking steady year-over-year growth.DUK plans $190-$200B in investments over the next decade to support its clean energy transition.DUK targets major solar and wind capacity additions through 2035 to expand its renewable portfolio.Duke Energy (DUK) continues to invest consistently in infrastructure and expansion projects to enhance service reliability for its customers. The company is also progressively increasing its renewable g ...
AES Advances on Strong Renewable Energy Buildout and LNG Expansion
ZACKS· 2025-09-04 15:45
Core Insights - The AES Corporation is expanding its renewable energy generation through solar, wind, and battery storage to meet long-term clean energy targets while also increasing its presence in the liquefied natural gas (LNG) market [1][2] - The company is facing challenges due to a decline in wholesale electricity prices [1][6] Growth Catalysts for AES - AES completed the development of 1.2 gigawatts (GW) of solar and energy storage projects in Q2 2025 and aims to add 3.2 GW of renewable capacity by year-end [2][9] - In Q2 2025, AES secured long-term power purchase agreements (PPAs) for 1.6 GW of renewables, increasing its total PPA backlog to 12 GW [3] - AES Indiana's acquisition of the 170-megawatt (MW) Crossvine solar-plus-storage project is set to begin operations in 2027 [3] - The company completed the construction of the 1,000 MW Bellefield 1 project, supported by a 15-year contract with Amazon, and plans to deploy up to 1,300 MW of solar, wind, and battery energy storage by 2027 [4][9] LNG Operations - AES operates LNG import terminals in the Dominican Republic with a storage capacity of 160,000 cubic meters, supplying re-gasified LNG to industrial users and third-party power plants [5][9] Headwinds for AES - The decline in wholesale electricity prices is attributed to the rising adoption of renewable energy, abundant natural gas, and demand-side management initiatives, with new PPAs being signed at lower rates [6] - This downward trend in electricity prices is expected to continue, potentially impacting AES's financial performance [6] Financial Overview - As of June 30, 2025, AES had a long-term debt of $26.55 billion and a current debt of $3.72 billion, with cash equivalents of $2.11 billion [7] Stock Performance - Over the past six months, AES shares have increased by 20.7%, outperforming the industry's growth of 7.7% [8]
Northland Announces Reset Dividend Rate on Its Cumulative Rate Reset Preferred Shares, Series 1 & Series 2
Globenewswire· 2025-08-29 21:15
Core Points - Northland Power Inc. has announced the fixed dividend rate for its Cumulative Rate Reset Preferred Shares, Series 1, set at an annual rate of 5.70% for the period from September 30, 2025, to September 29, 2030, translating to $0.3564 per share per quarter [1] - The quarterly floating rate dividends for the Cumulative Floating Rate Preferred Shares, Series 2, will be calculated at an annual rate of 2.80% over the yield on 90-day Government of Canada treasury bills, with the initial rate for the September to December 2025 period set at 1.38% [2] - Holders of Series 1 and Series 2 Shares can convert their shares into the other series on a one-for-one basis until September 15, 2025, effective September 30, 2025 [3] - If the number of outstanding shares in either series falls below 1,000,000 after conversions, those shares will be automatically converted into the other series [4] - Currently, there are 4,762,246 Series 1 Shares and 1,273,754 Series 2 Shares outstanding [5] Company Overview - Northland Power is a Canada-based global power producer focused on accelerating the global energy transition, with a history dating back to 1987 [6] - The company operates a diversified mix of energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas [6] - Northland has a gross operating generating capacity of 3.5 GW, with 2.2 GW under construction and approximately 9 GW in early to mid-stage development opportunities [7] - The company's shares are publicly traded on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A, and NPI.PR.B [7]
Northland Power Reports Second Quarter 2025 Results
GlobeNewswire News Room· 2025-08-14 00:32
Core Viewpoint - Northland Power Inc. reported its financial results for Q2 2025, highlighting significant construction milestones and operational performance despite challenges from below-average wind levels in Europe [2][10]. Financial Performance - Revenue from energy sales in Q2 2025 was $509 million, a decrease of 4% from $529 million in Q2 2024 [8][9]. - Net loss for Q2 2025 was $53 million, compared to a net income of $262 million in Q2 2024 [8][22]. - Adjusted EBITDA for Q2 2025 was $245 million, down 9% from $268 million in Q2 2024 [8][25]. - Free Cash Flow per share was $0.22 in Q2 2025, compared to $0.27 in Q2 2024, reflecting a 15% decrease [8][29]. - Cash provided by operating activities was $451 million in Q2 2025, significantly higher than $171 million in Q2 2024 [8][27]. Project Updates - The Oneida Energy Storage Project, a 250 MW/1.0 GWh facility, commenced commercial operations ahead of schedule and under budget [7]. - The Hai Long Offshore Wind Project achieved first power during the quarter and remains on track for full operations in 2027 [7]. - The Baltic Power Offshore Wind Project is progressing with onshore substation construction and is expected to commence full operations in the second half of 2026 [7]. Operational Highlights - Overall commercial availability was reported at 95% for Q2 2025 [2][12]. - Electricity production from offshore wind facilities decreased by 19% or 174 GWh compared to Q2 2024, primarily due to lower wind resources [12]. - Onshore renewable and energy storage facilities saw a 7% increase in electricity production, attributed to favorable wind conditions in New York and Canada [14]. Guidance Update - The company revised its full-year financial guidance for Adjusted EBITDA to a range of $1.2 billion to $1.3 billion, down from the previous range of $1.3 billion to $1.4 billion [34]. - Free Cash Flow per share guidance was adjusted to between $1.15 and $1.35, compared to the earlier projection of $1.30 to $1.50 [34].
Portland General Electric(POR) - 2025 Q2 - Earnings Call Presentation
2025-07-25 15:00
Investor Presentation PORTLAND GENERAL ELECTRIC July 25, 2025 Cautionary statement Portland General Electric investors.portlandgeneral.com 121 SW Salmon Street Suite 1WTC0506 Portland, OR 97204 Nick White (503) 464-8073 Nicholas.White@pgn.com Sydnie Hinds (503) 464-7111 Sydnie.Hinds@pgn.com Information Current as of July 25, 2025 Except as expressly noted, the information in this presentation is current as of July 25, 2025 – the date on which PGE filed its Quarterly Report on Form 10-Q for the quarter ended ...
Shareholders of Fluence Energy, Inc. Should Contact The Gross Law Firm Before May 12, 2025 to Discuss Your Rights – FLNC
GlobeNewswire News Room· 2025-05-12 17:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluence Energy, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial performance and relationships with key partners [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from October 28, 2021, to February 10, 2025 [3]. - Allegations include that Fluence's relationships with Siemens AG and The AES Corporation were expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - It is claimed that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest, leading to a lack of reasonable basis for positive statements regarding Fluence's battery energy storage business and financial prospects [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of May 12, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
Class Action Filed Against Fluence Energy, Inc. (FLNC) - May 12, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-05-08 09:45
Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from October 28, 2021, to February 10, 2025 [1] Allegations - The complaint claims that Fluence's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1] - Siemens Energy, the U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1] - Due to the aforementioned issues, the defendants reportedly lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action by May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case [2] - There is no cost or obligation for shareholders to participate in the case [2]
Lost Money on Fluence Energy, Inc.(FLNC)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-05-07 16:29
Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the class period from October 28, 2021, to February 10, 2025 [3]. Summary by Relevant Sections - **Class Period and Allegations** - The class period for the lawsuit is defined as October 28, 2021, to February 10, 2025 [3]. - Allegations include that Fluence's relationships with key partners, Siemens AG and The AES Corporation, were expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - It is claimed that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest, leading to a lack of reasonable basis for positive statements regarding Fluence's battery energy storage business and financial prospects [3]. - **Next Steps for Shareholders** - Shareholders who purchased FLNC shares during the specified timeframe are encouraged to register for the class action by May 12, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. - **Law Firm Background** - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
The Gross Law Firm Notifies Shareholders of Fluence Energy, Inc.(FLNC) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-05-05 09:45
Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the class period from October 28, 2021, to February 10, 2025 [1] Group 1: Allegations - The complaint alleges that Fluence's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1] - Siemens Energy, a U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1] - Due to these issues, the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Group 2: Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action, with a deadline of May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2]