Latest Utilities News
London protesters demand water companies clean up sewage-tainted rivers
LONDON (AP) — Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday to demand a cleanup of Britain’s sewage-clogged waterways. Organizers estimated that 15,000 people took part in the march along the...
PNM Resources: Q3 Earnings Snapshot
ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported earnings of $131.3 million in its third quarter. On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of $1.45. Earnings, adjusted for non-recurring...
Alliant Energy: Q3 Earnings Snapshot
MADISON, Wis. (AP) — MADISON, Wis. (AP) — Alliant Energy Corp. (LNT) on Thursday reported third-quarter profit of $295 million. The Madison, Wisconsin-based company said it had net income of $1.15 per share. The results surpassed Wall Street expectations. The...
Middlesex Water: Q3 Earnings Snapshot
ISELIN, N.J. (AP) — ISELIN, N.J. (AP) — Middlesex Water Co. (MSEX) on Thursday reported earnings of $14.3 million in its third quarter. On a per-share basis, the Iselin, New Jersey-based company said it had net income of 80 cents. The water utility posted revenue...
Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors
PRAGUE (AP) — The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several...
NorthWestern: Q3 Earnings Snapshot
SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — NorthWestern Corp. (NWE) on Monday reported third-quarter earnings of $46.8 million. The Sioux Falls, South Dakota-based company said it had profit of 76 cents per share. Earnings, adjusted for non-recurring gains, came to 65...
On Navajo Nation, a push to electrify more homes on the vast reservation
HALCHITA, Utah (AP) — After a five-year wait, Lorraine Black and Ricky Gillis heard the rumblings of an electrical crew reach their home on the sprawling Navajo Nation. In five days' time, their home would be connected to the power grid, replacing their reliance on a few solar...
Mississippi’s new PSC energized by nuclear power, tepid over renewables
“We’re open for business,” Northern District Public Service Commissioner Chris Brown said, a sentiment he repeated throughout the PSC’s “Nuclear Summit” on Tuesday. Brown and his colleagues – Central District Public Service Commissioner De’Keither Stamps and Southern...
Advantage Energy: Q3 Earnings Snapshot
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Advantage Energy Ltd. (AAVVF) on Thursday reported a third-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Calgary, Alberta-based company said it had a loss of 3...
American Water cyberattack renews focus on protecting critical infrastructure
CAMDEN, N.J. (AP) — A cyberattack continues to affect the largest regulated water and wastewater utility company in the United States, renewing a focus on the importance of protecting critical infrastructure sites. New Jersey-based American Water paused billing to customers as it...