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United States Energy

Grafa
Energy

CenterPoint misses Q4 profit estimates, but revenue beats on strong utility demand

CenterPoint Energy (NYSE:CNP) reported fourth-quarter results on Thursday that narrowly missed analyst expectations for earnings but highlighted an unprecedented acceleration in energy demand across the Greater Houston area.

Read more: CenterPoint misses Q4 profit estimates, but revenue beats on strong utility demand
Grafa
Energy

Portland General Electric to acquire PacifiCorp’s Washington assets for $1.9B

Portland General Electric (NYSE:POR) has reached a definitive agreement to acquire select utility operations and assets in Washington state from PacifiCorp for $1.9 billion, marking a significant geographic expansion for the Oregon-based utility.

Read more: Portland General Electric to acquire PacifiCorp’s Washington assets for $1.9B