Acquisitions, Earnings Schedules, and New Projects to Strengthen Energy Infrastructure - Research Report on NRG, PSE&G, UGI, Avista, and Vectren
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NEW YORK, July 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting NRG Energy, Inc. (NYSE: NRG), Public Service Enterprise Group Inc. (NYSE: PEG), UGI Corp. (NYSE: UGI), Avista Corp. (NYSE: AVA), and Vectren Corporation (NYSE: VVC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
NRG Energy, Inc. Research Report
On July 15, 2013, NRG Energy, Inc. (NRG), through its wholly-owned subsidiary NRG Solar, announced that it has acquired a 25.65-megawatt (AC) solar project on the island of Guam from Quantum Guam Power Holdings, LLC. "NRG Solar has been focused on reducing the levelized cost of solar energy in both the utility and distributed solar markets," said Tom Doyle, President and Chief Executive Officer of NRG Solar. "Our focus has been on driving down the balance of system costs through in-house engineering, procurement and construction, as well as through creative financing strategies on well-developed projects." Doyle continued, "The result of this effort provides us with opportunities like the Guam project which was successfully-developed by QUG and is now ready for NRG Solar to assume long-term ownership of the project. We are proud to partner with GPA in paving the road for the development of this and other renewable energy capacity on Guam." The Full Research Report on NRG Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9e8a_NRG]
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Public Service Enterprise Group Inc. Research Report
On July 15, 2013, Public Service Enterprise Group Inc. (PSE&G) announced that support for its "Energy Strong" proposal is building up. The "Energy Strong" proposal is a plan to strengthen New Jersey's energy infrastructure in the face of progressively extreme weather. PSE&G reported that 54 towns have already adopted resolutions supporting the utility's plan. "While an analysis by the Associated Press showed that power was restored more quickly in New Jersey than in surrounding states, the fact is that more than 1.9 million of our customers lost power during Sandy -- some for as long as two weeks -- as waterlogged systems were repaired and replaced," said Ralph LaRossa, President and Chief Operating Officer of PSE&G. "With Sandy, Irene and the 2011 October snowstorm, we had three of the most damaging storms in our company's history in quick succession. It was clear that we needed to do something extraordinary." The Company informed that Energy Strong will invest $3.9 billion over 10 years to protect switching and substations from water damage, reinforce utility poles and overhead wires, deploy smart grid technology to reduce the likelihood and duration of outages, and replace gas lines in flood-prone areas. The Full Research Report on Public Service Enterprise Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2ac5_PEG]
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UGI Corp. Research Report
On July 15, 2013, UGI Corp. (UGI) announced the schedule of its earnings release and conference call. The Company intends to release its Q3 FY 2013 earnings on July 30, 2013, after market close. The following day, the Company will hold a live internet audio webcast of its conference call to discuss results and other current Company activities. The call has been scheduled at 9:00 a.m. ET on July 31, 2013. Further, UGI informed that a telephonic replay will be available from 12:00 p.m. ET on July 31 through 9:00 a.m. ET on August 5, 2013. The Full Research Report on UGI Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6089_UGI]
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Avista Corp. Research Report
On July 8, 2013, Avista Corp. (Avista) and First Wind celebrated the generation of 150,000 megawatt hours (MWh) by the Palouse Wind project since its start of commercial operations in December 2012. "Adding the energy produced by the Palouse Wind project to Avista's generation portfolio is in keeping with our company's 125-year legacy of clean, renewable power at a reasonable cost for our customers," said Scott Morris, Chairman of the Board, President and Chief Executive Officer of Avista Corp. "Avista has always been purposeful in creating shared-value with our company, our customers and the communities we serve." The Company informed that this is the first wind project built in Avista's service territory. The Full Research Report on Avista Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a2ed_AVA]
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Vectren Corporation Research Report
On July 15, 2013, Vectren Corp. (Vectren) announced the schedule of its earnings release and conference call. The Company will report its Q2 2013 results after the market closes on July 31, 2013. Vectren management will discuss those results during a conference call at 2:00 p.m. EDT August 1, 2013. The Company informed that all interested investors may listen to a live audio-only webcast accompanied by a slide presentation, which will be available on Vectren's website. The Full Research Report on Vectren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/682e_VVC]
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SOURCE Analysts' Corner
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