Press release content from Business Wire. The AP news staff was not involved in its creation.
IDACORP, Inc. Announces Fourth Quarter and Year-End 2020 Results, Initiates 2021 Earnings Guidance
February 18, 2021 GMT
BOISE, Idaho (BUSINESS WIRE) Feb 18, 2021
IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2020 net income attributable to IDACORP of $37.5 million, or $0.74 per diluted share, compared with $47.1 million, or $0.93 per diluted share, in the fourth quarter of 2019. IDACORP reported 2020 net income attributable to IDACORP of $237.4 million, or $4.69 per diluted share, compared with $232.9 million, or $4.61 per diluted share, in 2019.
“I am proud to announce IDACORP has achieved its 13th straight year of growth in earnings per share,” said IDACORP President and Chief Executive Officer Lisa Grow. “Continued robust customer growth of 2.7% over the previous year for Idaho Power was a significant driver of this accomplishment. This growth, combined with lower operati
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Portland General Electric announces 2020 financial results and initiates 2021 earnings guidance
February 19, 2021 GMT
PORTLAND, Ore., Feb. 19, 2021 /PRNewswire/ Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $155 million, or $1.72 per diluted share, for the year ended December 31, 2020, which includes the $1.03 loss per diluted share from previously disclosed energy trading losses. After adjusting for the impact of the energy trading losses, non-GAAP net income was $247 million, or $2.75 per diluted share. This compares with GAAP net income of $214 million, or $2.39 per diluted share, for the year ended December 31, 2019. GAAP net income was $52 million, or $0.57 per diluted share, for the fourth quarter of 2020. This compares with GAAP net income of $61 million, or $0.68 per diluted share, for the fourth
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
DTE Energy reports strong 2020 financial results; reaffirms guidance for 2021
DTE EnergyFebruary 19, 2021 GMT
Ranked highest for customer satisfaction in Midwest by gas customers
Launched voluntary carbon offset program for gas customers and doubled voluntary electric renewable program
Leveraged operating efficiencies to hold customers’ rates flat through 2021
Achieved year-over-year improvements in electric reliability
Provided community pandemic support through $21 million in DTE Energy Foundation grants
Invested $2.2 billion with Michigan-based companies
ADVERTISEMENT
DETROIT, Feb. 19, 2021 (GLOBE NEWSWIRE) DTE Energy (NYSE:DTE) today reported 2020 earnings of $1.4 billion, or $7.08 per diluted share, compared with $1.2 billion, or $6.31 per diluted share in 2019.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Announces Board of Directors for Post-Merger Public Company
Stem, Inc.February 18, 2021 GMT
MILLBRAE, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced its Board of Directors for the combined company that will result from its previously announced merger with Star Peak Energy Transition Corp. (“Star Peak”) (NYSE: STPK), a publicly-traded special purpose acquisition company, expected to be completed during the first quarter of 2021.
ADVERTISEMENT
“We have assembled a best-in-class Board of Directors comprised of seasoned energy, technology and policy leaders,” said John Carrington, Chief Executive Officer of Stem. “The collective experience of the board candidates in renewable energy generation, energy storage, grid services, technology, energy infras
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Ecoark Announces Executive Leadership Addition
Ecoark Holdings, Inc.February 18, 2021 GMT
SAN ANTONIO, Feb. 18, 2021 (GLOBE NEWSWIRE) Ecoark Holdings, Inc. (“Ecoark” or the “Company”) (OTC: ZEST), is announcing the addition of Julia Olguin as Chief Executive Officer of its subsidiary, White River Holdings Corp (“White River”). Ms. Olguin is also expected to join the Board of Directors (the “Board”) of Ecoark immediately upon the appointment of an additional independent director later this year.
Julia Olguin is a seasoned energy executive with an extensive career across the energy value chain, including trading and midstream operations. Ms. Olguin has held various leadership roles at a number of major and supermajor energy companies including BP, NextEra Energy, American Electric Power, and Southern Company.