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Spanish utility Iberdrola to invest €58bn by 2028
Yahoo Finance· 2025-09-25 09:04
Iberdrola has outlined plans to invest €58bn ($68bn) by 2028, directing the bulk of its capital towards power networks in the UK and the US. The Spanish utility is pivoting its strategy to transform its profile, focusing more on regulated grid assets. The company said the investment will be funded by mid-to-high single-digit earnings growth and will be concentrated in countries with stable regulatory frameworks. Approximately 85% of all capital spending will go to these markets. Electricity grids are ...
Morgan Stanley Upgrades PG&E Corporation (PCG) from ‘Underweight’ to ‘Equal Weight’, Raises Price Target to $20
Yahoo Finance· 2025-09-25 00:13
With significant upside potential, PG&E Corporation (NYSE:PCG) secures a spot on our list of the 11 Best Nuclear Energy Stocks to Invest in Right Now. Morgan Stanley Upgrades PG&E Corporation (PCG) from ‘Underweight’ to ‘Equal Weight’, Raises Price Target to $20 On September 18, 2025, Morgan Stanley upgraded PG&E Corporation (NYSE:PCG) from ‘Underweight’ to ‘Equal Weight’ and raised its price target from $19 to $20. Earlier downgrades in February were linked to wildfire concerns, but analysts now see a ...
S&P 500 Gains & Losses Today: Intel Stock Extends Rally, Freeport-McMoRan Drops
Investopedia· 2025-09-24 21:15
Shares of Intel continued their recent move upward on Wednesday. CFOTO / Future Publishing via Getty Images Close Shares of Axon Enterprise (AXON) fell 10% after the provider of less-lethal weapons and other law enforcement technology announced the acquisition of Prepared, an emergency communications platform powered by artificial intelligence. Needham analysts reiterated their "buy" rating on Axon stock but noted the complexities involved in a potential return to the computer-aided dispatch market. Piper S ...
Edison to Open LA Fire Compensation Applications by Thanksgiving
Insurance Journal· 2025-09-24 19:45
Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed swaths of the Los Angeles area in January, according to CEO Pedro Pizarro.That puts the utility company’s wildfire recovery compensation program on track to issue payments by early 2026, much faster than victims could expect if they seek reimbursement through litigation, Pizarro said Wednesday in an interview in New York. Still, it could also mean lower payout ...
Xcel Energy reaches settlement related to 2021 wildfire in Colorado
Reuters· 2025-09-24 18:29
Xcel Energy said on Wednesday it has reached settlement agreements that resolve all claims related to the 2021 Marshall Fire in Colorado. ...
This Dividend Opportunity Is Disappearing Soon: Allete
Seeking Alpha· 2025-09-24 11:35
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NRG Energy, Inc. Announces Offerings of Senior Secured Notes and Senior Unsecured Notes
Businesswire· 2025-09-24 11:30
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced today the commencement of concurrent offerings of (1) senior secured first lien notes (the "Secured Notes Offering†), consisting of (i) senior secured first lien notes due 2030 (the "2030 Notes†) and (ii) senior secured first lien notes due 2035 (the "2035 Notes†and, together with the 2030 Notes, the "Secured Notes†) and (2) senior unsecured notes (the "Unsecured Notes Offering†and, together with the Secured Notes Offering, the ". ...
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day Transcript
2025-09-24 08:32
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day September 24, 2025 03:30 AM ET Company ParticipantsJosé Ignacio Sánchez Galán - Executive ChairmanPedro Azagra Blázquez - CEO & DirectorJosé Sainz Armada - CFO & Chief - Finance Control & Corporate Development OfficerFernando Lafuente - Managing PartnerAlberto Gandolfi - Managing DirectorJavier Garrido - Executive DirectorPeter Bisztyga - MD and Head - European Utilities and Renewables & Equity ResearchRob Pulleyn - Managing DirectorManuel Palomo Gonzalez - ...
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day Transcript
2025-09-24 08:30
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day September 24, 2025 03:30 AM ET Speaker3In our own place, we need possible faster and huge increase in infrastructure requirement in making less of the high growth business. This is definitely a need for precedence that you can't use like in the United Kingdom, who would like to put in a stable pipeline at least until the next decade and face a massive investment on clear regulations. We need to build a unique combination of laws, modern revisibility, and geo ...
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day Transcript
2025-09-24 08:30
Iberdrola (OTCPK:IBDR.Y) 2025 Capital Markets Day September 24, 2025 03:30 AM ET Speaker3In our own place, we need possible faster and huge increase in infrastructure requirement in making less of the high growth business. This is definitely a need for precedence that you can't use like in the United Kingdom, who would like to put in a stable pipeline at least until the next decade and face a massive investment on clear regulations. We need to build a unique combination of laws, modern revisibility, and geo ...