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Exelon (EXC) Unit to Pass TCJA Savings to Residential Users

2018-01-19 zacks
Exelon Corporation (EXC - Free Report) announced that its subsidiary Commonwealth Edison Company (ComEd) has received necessary approval from The Illinois Commerce Commission (“ICC”) to pass on the tax savings resulting from the implementation of the Tax Cuts and Jobs Act (TCJA). The new act became effective Jan 1, 2018 and has lowered the corporate tax rate from 35% to 21%. This led to reduction in the amount of federal income tax ComEd will pay to the government. (4-0)

AVANGRID's Unit Signs Renewable Deal with Nike to Expand

2018-01-19 zacks
AVANGRID, Inc.’s (AGR - Free Report) subsidiary, Avangrid Renewables, announced that it has signed a power purchase agreement (PPA) regarding a second wind contract with Nike, Inc. (NKE - Free Report) . (8-0)

NextEra Unit to Use $1.3B Tax Savings to Recoup Storm Costs

2018-01-18 zacks
NextEra Energy, Inc.’s (NEE - Free Report) subsidiary Florida Power & Light Company (“FPL”) announced its plans to apply federal tax savings toward the Hurricane Irma restoration cost of $1.3 billion. After recovering the costs, the unit anticipates saving each of its 4.9 million customers an average of approximately $250. (8-0)

AVANGRID Unit Brings Wind Farms Online, Lowers Emission

2018-01-15 zacks
AVANGRID, Inc.‘s (AGR - Free Report) subsidiary, Avangrid Renewables, announced that it has begun commercial operations of three new wind farms. The unit began the operation ofTule Wind Farm with generation capacity of 131 megawatts (MW) in California. Other two are, the 298 MW El Cabo Wind Farm in New Mexico, and a 75 MW Twin Buttes II Wind Farm in Colorado. (29-0)

Pinnacle West's Unit Aims to Cut Customers' Bills by $119M

2018-01-11 zacks
Pinnacle West Capital Corporation’s (PNW - Free Report) wholly owned subsidiary, Arizona Public Service Company (“APS”), announced that the company has requested the Arizona Corporation Commission to approve a $119 million bill reduction for customers. (113-0)

Top Analyst Upgrades and Downgrades: Akamai, Barclays, Chevron, Duke Energy, Expedia, First Solar, Kinder Morgan, Netflix and More

2018-01-11 247wallst
Stocks were indicated higher on Thursday after regulators watered down the notion that China would stop buying U.S. debt. The bull market is now less than two months shy of nine years old, and the trend that keeps on working is to buy pullbacks. Now investors are looking at how to position themselves for 2018 and beyond with tax reform and accelerated earnings and GDP growth driving the interest. Those same investors are also looking for new ideas. (172-2)

Utility M&A Is So Hot Not Even Berkshire’s Billions Won a Bid - Bloomberg

2018-01-03 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (55-1)

BRIEF-Avangrid Says Completed Review Of Gas Storage Business

2017-12-27 reuters
* AVANGRID INC - ‍CONCLUDED THAT IT WILL MOVE FORWARD WITH A PLAN TO SELL GAS STORAGE BUSINESSES ​ (2-0)

A Year of Climate Change in Photos - Bloomberg

2017-12-20 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (67-0)

AVANGRID (AGR) Receives Power Supply Contract from Google

2017-12-01 zacks
AVANGRID, Inc.’s (AGR - Free Report) subsidiary — Avangrid Renewables — signed a contract with Google, a subsidiary of Alphabet Inc. (GOOGL - Free Report) , to supply 196 megawatt (MW) of clean energy from new South Dakota wind farms. Per the agreement, the power produced from Avangrid Renewables’ Coyote Ridge and Tatanka Ridge Wind Farms in Brookings and Deuel counties will be sold to Google. Each of the wind farms will generate 98 MW of clean energy. (52-0)

Google, Biggest Corporate Buyer of Clean Power, Is Buying More - Bloomberg

2017-11-30 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (17-0)

Avangrid's $600M Notes to Fund Transmission & Green Project

2017-11-21 zacks
Avangrid, Inc. (AGR - Free Report) announced that it has priced an offering of $600 million. The notes carrying an interest rate of 3.150% per year are set to mature on Dec 1, 2024. The offering, subject to the satisfaction of customary closing conditions is expected to close on Nov 21, 2017. (12-1)

2 New Watch Lists

2017-11-04 seekingalpha
This is a brief introduction to two watch lists, with some ideas for how you can keep up with stocks that you have identified as potential buys. I share some resources I use and invite your suggestions for other resources. (185-2)

Avangrid's (AGR) CEO Jim Torgerson on Q3 2017 Results - Earnings Call Transcript

2017-10-24 seekingalpha
Good day ladies and gentlemen and welcome to the Avangrid Third Quarter 2017 Earnings Conference Call. [Operator Instructions] as a reminder this conference is being recorded. (2-0)

Avangrid, Inc. 2017 Q3 - Results - Earnings Call Slides

2017-10-24 seekingalpha
The following slide deck was published by Avangrid, Inc. in conjunction with their 2017 Q3 earnings call. (2-0)

CUSIP: 05351W103