Achieving Electrifying Growth Through Partnerships, Infrastructure Investments and RFPs - Research Report on CenterPoint Energy, Exelon Corporation, Xcel Energy, SCANA Corporation and Portland General Electric Company
NEW YORK, March 19, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting CenterPoint Energy, Inc. (NYSE: CNP), Exelon Corporation (NYSE: EXC), Xcel Energy Inc (NYSE: XEL), SCANA Corporation (NYSE: SCG) and Portland General Electric Company (NYSE: POR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CenterPoint Energy, Inc. Research Report
CenterPoint Energy has announced its intention to combine its assets with OGE Energy Corp. and ArcLight Capital Partners, LLC to establish a new midstream company that will operate 8,400 miles of interstate pipelines with nearly 9 billion cubic feet of transport capacity and nearly 2,300 miles of intrastate pipelines. The partners will benefit from enhanced scale, geographic diversification and expanded capabilities and will be managed by a team governed by CenterPoint and OGE on a 50/50 basis. According to CenterPoint Energy CEO David M. McClanahan, this partnership will be able to compete in ways that neither CenterPoint nor Enogex, a business owned by subsidiaries of OGE and Arclight, can do as separate companies. Going forward, CenterPoint will continue to look for more investment opportunities to create even greater value for shareholders. The Full Research Report on CenterPoint Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/c6af_CNP]
Exelon Corporation Research Report
Exelon Generation has announced its plan to invest $2 million to upgrade all 42 emergency sirens in the 10-mile radius around Oyster Creek Generating Station. The new sirens will provide additional features such as battery backup and the best available technology. This is part of an $11 million project that began in 2010 that involves replacing 400 sirens surrounding Exelon's Mid-Atlantic nuclear facilities. Energy providers like Exelon have been investing in their disaster-preparedness programs in order to avoid losses incurred from power outages and provide excellent customer service. For the rest of the year, Exelon expects operating earnings of $2.35 to $2.65 per share. The company is also investing in wind construction projects to expand its operations and drive growth. The Full Research Report on Exelon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/b3fd_EXC]
Xcel Energy Inc Research Report
Xcel Energy is currently seeking power supplies to meet Colorado's need of 250 megawatts of electric generation capacity. Through a request for proposals (RFP) that welcomes bids for all forms of electric generation supply technology, Xcel Energy hopes to maintain system reliability and address the needs of its customers at a competitive price. The RFP will also be evaluating any proposals that can serve as economic alternatives to the planned fuel switching of Xcel Energy's Arapahoe 4 and Cherokee 4 generating units from coal to natural gas. This is all part of the company's 2011 Energy Resource Plan (ERP) approved by the Colorado Public Utilities Commission. The plan highlights Xcel Energy's capacity to continue providing customers with clean, reliable and affordable power without making significant additional generation investments. The Full Research Report on Xcel Energy Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/b008_SO]
SCANA Corporation Research Report
SCANA Corporation's principal subsidiary South Carolina Electric & Gas Company (SCE&G) has completed the placement of the first nuclear concrete for SCE&G's V.C. Summer Unit 2 in Fairfield County, South Carolina. This development is the first new construction of nuclear concrete in the United States in three decades. The two 1117 megawatt units in development will bring SCE&G's portfolio to 60 percent non-emitting sources when the new units start generating electricity in 2017 and 2018 respectively. Looking ahead, SCANA expects its annual average growth rate target to be at 3 to 6 percent over a 3 to 5 year period based on its earnings in 2012. The company continues to benefit from base rate increases and customer growth. The Full Research Report on SCANA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/3cb4_SCG]
Portland General Electric Company Research Report
PGE has finalized a short list of bids in its current request for proposals (RFP) seeking around 100 average megawatts of renewable power. The RFP was conducted to in order to help PGE meet customers' needs for reliable and affordable electric power. Moreover, PGE has requested the Oregon Public Utility Commission (OPUC) to review utility costs and approve new customer prices effective January 2014. This review will help PGE make long-term investments to strengthen its infrastructure and better respond to power outages and natural disasters. With these developments, PGE may continue to deliver electricity at friendly prices while ensuring its growth. The Full Research Report on Portland General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/f07b_POR]
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