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Utilities
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Centuri Reports First Quarter 2025 Results, Affirms 2025 Outlook

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company") today announced financial and operating results for the first quarter, ended March 30, 2025, and affirms full year 2025 outlook. First Quarter 2025 Financial and Other Business Highlights Secured record customer awards in excess of $1.2 billion Revenue of $550.1 million versus $528.0 million in the first quarter of 2024 Net loss attributable to common stock of $17.9 million (diluted loss per share of $0.2...
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NRG Energy, Inc. Reports First Quarter 2025 Results and Reaffirms 2025 Financial Guidance

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) today reports GAAP Net Income of $750 million for the three months ended March 31, 2025. GAAP EPS — basic is $3.70, Cash Provided by Operating Activities is $855 million, Adjusted Net Income is $531 million, Adjusted EPS is $2.68, Adjusted EBITDA is $1,126 million, and Free Cash Flow before Growth Investments (FCFbG) is $293 million for the first quarter of 2025. “NRG achieved exceptional financial and operational performance in the first q...
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Alliant Energy Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2028

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of its convertible senior notes due 2028 in a private placement under the Securities Act of 1933, as amended (the “Securities Act”). Alliant Energy also intends to grant to each of the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date...
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NRG Energy Inc. to Acquire Premier Power Portfolio from LS Power; Transforming Generation Fleet for Growing Demand

HOUSTON & NEW YORK--(BUSINESS WIRE)--NRG Energy Inc. (NYSE: NRG) and LS Power Equity Advisors, LLC (“LS Power”) today announced that they have entered into a definitive agreement under which NRG will acquire a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant (C&I VPP) platform from LS Power (the “Portfolio”) in a cash and common stock transaction valued at approximately $12.0 billion Enterprise Value, representing an acquisition multiple of...
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Essential Utilities Reports Strong First Quarter 2025 Results, 2025 Guidance and Long-Term Targets Affirmed

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2025. Essential’s net income of $283.8 million or $1.03 per share for the first quarter of 2025 compared favorably to $265.8 million or $0.97 per share reported for the first quarter of 2024. “We’re off to a great start to the year,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin. “Our investments in infrastructure have set the s...
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Babcock & Wilcox Announces Private Bond Exchanges to Reduce Outstanding Debt, Lower Annual Interest Expense and Extend Debt Maturity to 2030

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. announced it has entered into privately negotiated exchanges with a limited number of noteholders....
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Cameco annonce l'élection des administrateurs

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco (TSX : CCO; NYSE : CCJ) a annoncé l'élection de dix membres du conseil d'administration lors de sa réunion annuelle du 9 mai 2025. Les actionnaires ont élu les membres du conseil d'administration Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière et Leontine van Leeuwen-Atkins. Résultats du vote pour les administrateurs de Cameco Candidat Votes pour % votes...
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Pembina Pipeline Corporation Reports Voting Results from 2025 Annual Meeting of Shareholders

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) reported the voting results from its annual meeting of shareholders held virtually on May 9, 2025 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 20, 2025 (the "Information Circular"), which is available on the Company's website under 'Investors – Presentations & Events' at www.pe...
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Cameco Announces Election of Directors

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) has announced the election of ten board members at its annual meeting held on May 9, 2025. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière and Leontine van Leeuwen-Atkins. Voting Results for Cameco Directors Nominee Votes For % Votes For Against % Votes Against Catherine Gignac 70,619,061 97.18% 2,...
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Aqua Pennsylvania Awarded $17.3 Million in Funding to Remove PFAS from Drinking Water, Replace Lead Service Lines

BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania announced it was awarded a combination of grant and low-interest loan funding through the Pennsylvania Infrastructure Investment Authority (PENNVEST). Funding totaling $15.05 million will support Aqua Pennsylvania’s continuing commitment to remove PFAS from drinking water. Another $2.3 million in funding will go toward Aqua Pennsylvania’s ongoing lead service line replacement program. PENNVEST funds allow recipients like Aqua Pennsylvania to co...