IEA Revs Up EPC Portfolio with $4.7 Billion in Wind, Solar Projects as Demand Grows
Industry Segment: Power | Word Count: 598 Words
Attachment: IEA USwind 0221
SUGAR LAND February 25, 2021 Researched by Industrial Info Resources (Sugar Land, Texas) Infrastructure and Energy Alternatives Incorporated (IEA) (NASDAQ:IEA) (Indianapolis, Indiana), which has constructed more than 20 gigawatts (GW) of renewable energy-generation projects in North America, recently added a trio of wind-energy projects to its portfolio. The engineering, procurement and construction (EPC) provider has weathered the pandemic storm and added significantly to its backlog, as more U.S. states vow to adopt more clean energy. Industrial Info is tracking more than $4.7 billion in active projects involving IEA Constructors and White Construction, both subsidiaries of IEA; almost all of these projects are nearing or under construction.
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SJI Reports 2020 Financial Results
Announces Renewable Natural Gas Investment
FOLSOM, NJ, Feb. 24, 2021 (GLOBE NEWSWIRE)
Investor Contact:
Announces Renewable Natural Gas Investment
FOLSOM, NJ (February 24, 2021) – SJI (NYSE: SJI) today reported operating results for its 2020 full year and fourth quarter ended December 31, 2020. Highlights include:
2020 GAAP earnings of $1.62 per diluted share compared to $0.84 per diluted share in 2019
2020 Economic Earnings of $1.68 per diluted share compared to $1.12 per diluted share in 2019
2020 GAAP/Economic Earnings include $0.13 per diluted share in nonrecurring items adjustments for certain tax benefits ($.07), adjustments to SJG’s rate design ($.03) and pipeline supplier refunds ($.03)
Significant improvement in 2020 financial results, despite historic challenge of COVID pandemic, driven by increased profitability from Utility and Non-Utility operations
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EDP creates hydrogen and storage divisions
As part of its decarbonisation efforts, EDP has established two new units to develop green hydrogen and energy storage
by James Agyepong-Parsons
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