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PNM Resources Inc.’s stock was down by 7.8% in premarket trading on Tuesday after Avangrid Inc. said it would not complete a 2020 deal to buy PNM for $4.2...
The company said it is canceling its Ocean Wind I and II projects in southern New Jersey, citing supply chain issues and rising interest rates.
Vineyard Wind 1 is using 13 megawatt versions of GE Vernova's huge Haliade-X turbines.
A Spanish court is set to probe allegations that a unit of Iberdrola SA and and four of its executives manipulated electricity prices a decade ago.
The Swiss investment bank also screened for more defensive, less volatile stocks that are likely to be safe from big falls.