Recognitions, Scheduled Conference Calls, Acquisitions, and Project Completions - Analyst Notes on Con Edison, AGL Resources, Pattern Energy, NJR and Black Hills Corp
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NEW YORK, July 3, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Consolidated Edison, Inc. (NYSE: ED), AGL Resources Inc. (NYSE: GAS), Pattern Energy Group Inc (NASDAQ: PEGI), New Jersey Resources Corp (NYSE: NJR) and Black Hills Corp (NYSE: BKH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4408-100free.
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Consolidated Edison, Inc. Analyst Notes
On June 30, 2014, Consolidated Edison, Inc. (Con Edison) reported that Yingli Wen, its Cable and Splice Center for Excellence technical expert, has been recognized as one of this year's 50 Outstanding Asian Americans in Business for her professional and civic achievements by the Asian American Business Development Center. Con Edison stated that Wen joined the Company in 2001 as a senior engineer in Transmission Engineering and has led several major transmission projects before becoming the manager of the Electrical and Analysis Research group at its Cable and Splice Center. The full analyst notes on Con Edison are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/ED/report.pdf
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AGL Resources Inc. Analyst Notes
On June 30, 2014, AGL Resources Inc. (AGL Resources) announced that it will release its Q2 2014 earnings results on Tuesday, July 29, 2014, after the market closes, followed by a conference call on Wednesday, July 30, 2014, at 9:00 a.m. ET. The Company stated that the webcast of the call and the replay of the webcast can be accessed through its website under the Investor Relations section. The full analyst notes on AGL Resources are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/GAS/report.pdf
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Pattern Energy Group Inc Analyst Notes
On June 26, 2014, Pattern Energy Group Inc (Pattern Energy) announced that it has acquired AEI's 38.5% net controlling interest in the EL Arrayán Wind Project in Chile, the largest wind power facility in Chile and all of South America. According to the Company, this acquisition increases its ownership in El Arrayán to 70% with the remaining 30% owned by Antofagasta Minerals SA. Pattern Energy stated that it paid a $45.25 million purchase price to AEI from the Company's available cash on hand and assumed certain obligations including primarily of AEI's proportional share of project debt which was at $87 million. Mike Garland, CEO, Pattern Energy said, "With this acquisition we are increasing our cash flow from the project while expanding our platform in the Chilean market which has a strong, stable economy and a growing demand for renewable resources." The full analyst notes on Pattern Energy are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/PEGI/report.pdf
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New Jersey Resources Corp Analyst Notes
On June 26, 2014, NJR Clean Energy Ventures (NJRCEV), a subsidiary of New Jersey Resources Corp (NJR), announced the completion of its first onshore wind project, the Two Dot Wind Farm in Montana that consists of six GE 1.62 megawatt, 87-meter rotor diameter wind turbines with a capacity of 9.7 megawatts. The Company stated that NJRCEV invested approximately $22 million to develop the project. NJRCEV will own and operate the wind farm. Laurence M. Downes, Chairman and CEO of NJR said, "Today represents a significant milestone for our company - the completion of our first onshore wind project. Two Dot further demonstrates NJR Clean Energy Ventures' diversification of its investment portfolio. In addition to producing enough clean energy to power 3,000 homes annually, it also represents a long-term growth opportunity for our company and shareowners." The full analyst notes on NJR are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/NJR/report.pdf
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Black Hills Corp Analyst Notes
On June 25, 2014, Black Hills Corp reported that the employees of its Wyodak Mine have been recognized with a Governor's Workplace Safety Award by Wyoming Governor Matt Mead, at the annual Wyoming Safety & Workforce Summit in Cheyenne. According to the Company, Wyodak Mine Manager Jack Clary accepted the award in the small mines division on behalf of Black Hills Corp and its 72 employees working near Gillette, Wyoming. Clary said, "We commit to live and work safely every day, and we are honored to be recognized by the governor and the state of Wyoming for our success in making employee and public safety our priority. We take great pride in our safety record and consider zero incidents the only acceptable outcome." The full analyst notes on Black Hills Corp are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/BKH/report.pdf
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