Principal Solar, Inc. (PSI)(OTC Pink:PSWW) today announced that it intends, subject to market and other conditions, to offer its common stock in an underwritten public offering of 2,500,000 shares of its common stock pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission. In connection with the offering, the company intends to grant the underwriter the option to purchase up to 375,000 additional shares of its common stock. The estimated price range for the initial public offering is $9.00 to $11.00 per share of common stock, after considering a recent 1:4 reverse split effected May 6, 2015, and currently pending with FINRA. Principal Solar has applied to list its common stock on the Nasdaq Capital Market under the symbol "PSWW."
PNM Resources, Inc. has announced that its New Mexico electric utility, Public Service Co. of New Mexico, or PNM, has filed with the New Mexico Public Regulation Commission, or NMPRC, coal supply and participant restructuring agreements for San Juan Generating Station, or SJGS.
PNM Resources, Inc. has reported that net earnings attributable to the company for the first quarter ended March 31, 2015 was $14.34 million, or $0.18 per common share, compared to $12.47 million, or $0.16 per common share, for the same quarter ended March 31, 2014.
CB&I has announced that its Lake Charles fabrication facility has extended its role for the fabrication of structural and mechanical modules and other components for the AP1000 nuclear power projects in Georgia and South Carolina.
The Board of Directors of Xcel Energy Inc. (NYSE: XEL) today declared a quarterly dividend on its common stock of 32 cents per share. The dividends are payable July 20, 2015, to shareholders of record on June 18, 2015.
Lowering major operating costs and streamlining operations has been a key goal for the maturing wind industry in the United States. Gearboxes and generators are among the most costly and disruptive failed parts in wind turbines currently. To improve this situation, E.ON Energy Services turned to Liftra to find a new solution to a growing problem. Liftra …
Calpine Corporation, a power company, has reported that net loss attributable to the company for the first quarter ended March 31, 2015 was $10 million, or $0.03 loss per common share, compared to a net loss attributable to the company of $17 million, or $0.04 loss per common share, for the same quarter ended March 31, 2014. For 2015, the company expects adjusted EBITDA to be in the range of $1.9 billion to $2.1 billion.
Duke Energy, an electric power holding company, has reported that net income attributable to the company for the first quarter ended March 31, 2015 was $864 million, or $1.22 per share, compared to a net loss attributable to the company of $97 million, or $0.14 loss per share, for the same quarter ended March 31, 2014.