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Brookfield Renewable to Host Second Quarter 2025 Results Conference Call
Globenewswire· 2025-06-30 13:41
Webcast BROOKFIELD, News, June 30, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) ("Brookfield Renewable") will hold its Second Quarter 2025 Conference Call and Webcast on Friday, August 1, 2025 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, August 1, 2025 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com under "Press Releases". Participants can join by conference call or webc ...
Ameren unveils new hybrid energy center combining natural gas and energy storage to supply reliable energy when Missouri needs it most
Prnewswire· 2025-06-27 09:56
Site will create jobs, power thousands of homesST. LOUIS, June 27, 2025 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), is taking the next step in its generation investment plan to enhance energy reliability for customers by filing an application with the Missouri Public Service Commission that includes a first-of-its-kind project for the company. The application involves the construction of an 800-megawatt (MW) simple-cycle natural gas energy center complemented by Ameren M ...
Vistra or Southern Company: Which Utility Stock Offers Better Upside?
ZACKS· 2025-06-26 17:11
Key Takeaways The Southern Company offers higher dividends, lower debt and better valuation than Vistra. VST's earnings and sales growth estimates outpace SO's, supported by nuclear and clean hydrogen projects. Vistra and The Southern Company continue to add new clean energy generation assets to their portfolio.The companies operating in the Zacks Utility -Electric Power industry offer a compelling opportunity due to their stable cash flows and regulated business models. Domestic-focused utilities typical ...
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2025 Results
Prnewswire· 2025-06-24 20:15
SALT LAKE CITY, June 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three and six months ended June 30, 2025, on Wednesday, July 30, 2025, after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Thursday, July 31, 2025, to discuss its financial results. Hosting the call will be Extra Space Storage's CEO, Joe Margolis. Joining him will be Jeff Norman, Executive Vice President and CFO ...
Utilities Go Green: Will Strengthening Renewable Focus Benefit NEE?
ZACKS· 2025-06-10 15:31
Key Takeaways NEE is benefiting from early investments in wind, solar and battery storage technologies. NEE uses more renewable assets to produce electricity and avoid the volatile fossil fuel market. NEE has nearly 28 GW of renewable projects in backlog and adds more renewable projects to its portfolio.NextEra Energy (NEE) is well-positioned in the renewable energy business, owing to early and aggressive investments in wind, solar and battery storage technologies. As the companies in the Zacks Utility - ...
Gas, Nuclear, Renewables Battle Over Power For Meta's New Data Center
Forbes· 2025-05-27 21:05
Power lines in California. Getty ImagesMeta, the company that owns Facebook, are planning a new AI data center, the company’s largest yet, in Richland Parish, Louisiana. The local utility company, Entergy, has plans to build three new gas-fired power plants to supply the additional electricity needed for the data center.Also reported last week was that Meta got some pushback from a U.S. Senator, who challenged the benefits of using natural gas to power the new data canter.The new data center is an enormous ...
Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend
Prnewswire· 2025-05-22 20:15
SALT LAKE CITY, May 22, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a second quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on June 30, 2025, to stockholders of record at the close of business on June 16, 2025. About Extra Space Storage Inc.Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed re ...
高盛:联芸科技_ 本地内存控制器芯片,拓展至 PCIe 5.0 解决方案及企业市场
Goldman Sachs· 2025-05-14 03:09
10 May 2025 | 5:55AM HKT China Semis: Maxio (688449.SS): Local memory controller IC, expanding to PCIe 5.0 solution and enterprise market We talked to Maxio (688449.SS, Not Covered) management recently. Maxio is a local memory controller IC supplier, expanding from consumer electronics to enterprise market. Overall, management is positive on company's product migration from PCIe 4.0 to PCIe 5.0 memory controller IC, and expects revenue contribution to start from this year, capturing opportunities from risin ...
Enlight Renewable Energy Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-06 10:05
Financial Performance - The company reported total revenues and income of $130 million for Q1 2025, a 39% increase from $94 million in Q1 2024 [5][27] - Net income surged to $102 million, reflecting a 316% increase compared to $24 million in the same period last year [5][33] - Adjusted EBITDA rose by 84% to $132 million, up from $72 million in Q1 2024 [5][34] - Cash flow from operating activities increased by 24% to $44 million, compared to $35 million in Q1 2024 [5] Revenue Breakdown - Revenues from electricity sales increased by 21% to $110 million, up from $90 million in Q1 2024 [27][30] - The company recognized $20 million in income from tax benefits, a 516% increase from $3 million in Q1 2024 [27] - Revenue contributions from new projects connected to the grid included $30 million from various projects, with significant contributions from Atrisco, Israel Solar and Storage Cluster, and others [28][30] Project Developments - The company sold 44% of the Sunlight cluster for $52 million, generating an additional $42 million in Adjusted EBITDA and $80 million in net profit for Q1 2025 [6][29] - The total portfolio consists of 33.4 FGW, with 8.6 FGW in the mature portfolio expected to generate annualized revenues of approximately $1.4 billion by 2027 [11][19] - The company has secured $1.8 billion in financing to support the construction of 4.7 FGW of capacity in 2025 [9] Geographic Revenue Distribution - Revenue distribution for Q1 2025 included $42.9 million from MENA, $51.4 million from Europe, and $34.8 million from the U.S., with the U.S. segment showing a 674% increase year-over-year [25][32] - Approximately 81% of operational capacity sells electricity under Power Purchase Agreements (PPAs), with 29% of power sold under inflation-linked PPAs [16] Operational Strategy - The company has effectively mitigated exposure to U.S. import tariffs through diversified procurement strategies, ensuring that projects under construction have no solar panel exposure under current tariff policies [3][8] - The operational portfolio is geographically diversified, with 44% of capacity in Europe, 29% in Israel, and 27% in the U.S. [16] Future Guidance - Total revenues and income for 2025 are projected to range between $490 million and $510 million, with Adjusted EBITDA expected between $360 million and $380 million [29][30] - Approximately 90% of electricity volumes expected to be generated in 2025 will be sold at fixed prices through PPAs or hedges [30]
This More Than 5%-Yielding Dividend Stock Looks Like a Can't-Miss Buy for Income and Upside Potential
The Motley Fool· 2025-05-04 19:14
Core Viewpoint - Brookfield Renewable is positioned as a leading investment opportunity in the renewable energy sector, driven by increasing demand for clean power and strong operational performance [1][2]. Financial Performance - In the first quarter, Brookfield Renewable reported record funds from operations (FFO) of $315 million, or $0.48 per share, representing a 7% increase year-over-year and a 15% increase when adjusted for hydro generation strength [4]. - The company has a current dividend yield of over 5%, with plans to increase it by 5% to 9% annually [2][14]. Growth Strategy - Brookfield Renewable benefits from stable, inflation-linked cash flows from its diversified global assets, including hydro, wind, solar, and energy storage [5]. - The company has engaged in capital recycling, selling $900 million in assets this year, netting $230 million for itself, and reinvesting proceeds into new opportunities [6][7]. - It has signed contracts to deliver an additional 4,500 gigawatt hours per year, including a significant agreement with Microsoft for 10.5 GW of capacity [8][9]. Capacity Expansion - Brookfield completed 800 megawatts of new renewable energy capacity in the first quarter and aims to complete 8 GW of projects this year, with a target of reaching 10 GW of annual capacity additions in the coming years [10]. - The company’s large-scale platform of contracted assets supports durable cash flow and ongoing reinvestment [11]. Competitive Advantages - Brookfield's scale allows for better negotiation terms with vendors and a diversified supply chain, mitigating inflation and cost pressures [12]. - The company maintains a strong financial profile with approximately $4.5 billion in liquidity, providing flexibility for continued investments [13]. Future Outlook - Brookfield Renewable anticipates 10%+ annual growth in FFO per share through at least 2029, supported by organic growth and strategic acquisitions [14].