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Utilities

Uniti Group (NASDAQ: UNIT) Completes $1.14B Fiber Revenue Note Offering in Latest Securitization

Uniti Group has finalized a private offering of secured fiber network revenue term notes totaling $1,140,710,000, marking its second securitization in recent months. The transaction, executed as part of the company’s capital strategy, includes multiple tranches with varying yields and is backed by Uniti’s …

Vinay Lochav | 17 July 2026

American Water Works (NYSE: AWK) Secures Rate Increase for Pennsylvania Subsidiary

American Water Works Company, Inc. (NYSE: AWK) announced that the Pennsylvania Public Utility Commission has granted a revenue increase for its subsidiary, Pennsylvania American Water. The decision authorizes additional funds to replace aging pipes, expand treatment, and continue the removal of lead service lines. …

Vinay Lochav | 17 July 2026

Cogeco Generates $169M Free Cash Flow, Reports $1.8B Net Loss

Cogeco’s latest quarterly results reveal a stark contrast between cash generation and earnings performance. The company produced $169 million in free cash flow during the third quarter, pushing total cash generated to $450 million for the year to date. At the same time, a …

Vinay Lochav | 16 July 2026

Verizon (NYSE: VZ) to Close Stores and Cut Corporate Jobs

Verizon disclosed a plan to close a selection of its retail outlets while reducing its corporate workforce. The announcement coincided with an upward movement in the company’s share price during the same trading session. With a market valuation that places the firm among the …

Vinay Lochav | 16 July 2026

Upcoming Board Review Will Test Impact of IPALCO’s New Controller Appointment

- IPALCO’s board will hold an upcoming review to assess the impact of its newly appointed controller. - The appointment is intended to enhance financial oversight and operational control within the company. - Investor attention will focus on how the review’s findings influence strategic …

Vinay Lochav | 16 July 2026

Tennessee Valley Authority Secures $1B Credit Line Through 2031 (NYSE: TVC)

Tennessee Valley Authority has secured a $1 billion credit line that will stay available for the foreseeable future, bolstering its liquidity position as the federal utility navigates stable demand and interest‑rate uncertainty. The restated credit agreement replaces an earlier facility of the same size, …

Vinay Lochav | 16 July 2026

Dayton Power & Light Announces Leadership Change in Finance Role

Dayton Power & Light has announced a leadership transition within its finance team, naming a new Controller to oversee accounting functions. The change, effective in mid-2026, follows a decision by the company’s leadership to adjust financial oversight responsibilities. Sherry Kohan, who previously managed both …

Vinay Lochav | 16 July 2026

AMREP Corp (NYSE: AXR) announces $178K CEO bonus, $64K CFO incentive

AMREP Corp (NYSE: AXR) filed a regulatory update detailing new compensation awards for its senior leaders. The announcement outlines cash awards, equity grants, and base‑salary adjustments approved by the board.

Vinay Lochav | 15 July 2026

Bion Environmental (OTC: BNET) Resolves $1.77M Contractor Dispute With Convertible Note

Bion Environmental Technologies (OTC: BNET) has resolved a prolonged contractor dispute through a financial settlement, issuing a convertible promissory note to address outstanding obligations. The agreement eliminates legal uncertainties tied to its ammonia recovery initiative, enabling the company to prioritize project execution.

Vinay Lochav | 15 July 2026

Tata Power eyes $450 million financing secured by its offshore assets

Tata Power’s intention to obtain a $450 million loan has attracted attention across the power industry, highlighting a focus on securing capital for offshore activities. By pledging equity stakes in its overseas subsidiaries, the company seeks to tap international funding sources while supporting expansion …

Vinay Lochav | 15 July 2026
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