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Utilities

AEP Texas Secures $3.26 Billion DOE-Backed Loan for 2,800-Mile Grid Overhaul

AEP Texas Inc. Has secured a $3.26 billion loan guarantee from the U.S. Department of Energy, marking one of the largest federal financing deals for grid infrastructure in recent years. The funding, finalized July 7, 2026, will support a sweeping transmission overhaul across Texas, …

Vinay Lochav | 08 July 2026

UGI (NYSE: UGI) Energy Services Secures Credit Amendment Cutting SOFR Loan Rate to 2.00%

UGI Corporation (NYSE: UGI) announced a key update to its financing structure through its subsidiary, UGI Energy Services. The company finalized an amendment to its existing credit agreement, introducing revised interest rates for its loan facilities. The move reflects ongoing efforts to optimize borrowing …

Vinay Lochav | 08 July 2026

Public Service Enterprise (NYSE: PEG) Group Inc Experiences Significant Share Activity

• Financial analysts have issued an average rating of "Moderate Buy" for Public Service Enterprise Group's stock.

Vinay Lochav | 06 July 2026

Avista Corp (NYSE: AVA) Announces Senior Executive Retirement Ahead of Transition

• Thackston intends to take on a new position at Whitworth University after leaving Avista.

Vinay Lochav | 06 July 2026

Eversource Energy (NYSE: ES) Sells Aquarion Water for $2.4 Billion, Eyes Debt Reduction

• Eversource Energy (NYSE: ES) finalized the $2.4 billion sale of Aquarion Water Company to a Connecticut-based buyer.

Vinay Lochav | 01 July 2026

Spire Inc. (NYSE: SR) completes $657 million gas‑storage asset sale to I Squared Capital

• Spire Inc. Sold Belle Butte LLC, owner of Spire’s former gas‑storage facilities, for a total of $657 million.

Vinay Lochav | 01 July 2026

Vistra Corp (NYSE: VST) Expands Revolving Credit to $5.5 Billion in Key Financing Move

• The company released guarantors from obligations tied to revolving credit loans and letters of credit under amended agreements.

Vinay Lochav | 01 July 2026

Ameren Corp (NYSE: AEE) Seeks $343 Million Revenue Boost in Missouri Rate Petition

Ameren Corp (NYSE: AEE) disclosed a formal request on June 26, 2026, to the Missouri Public Service Commission (MoPSC) for a substantial increase in electric service revenue. The filing outlines a $343 million uplift, reflecting the utility’s effort to increase its annual revenues for …

Nitish Kishor | 29 June 2026

NextEra Energy, Inc. (NYSE:NEE) Gains 0.98% as the Clean-Power Trade Stays Alive

• NextEra Energy (NEE) closed at $88.56, up 0.98% on June 26, 2026, drawing attention among large-cap utilities stocks.

Nitish Kishor | 29 June 2026
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