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Stock impact report

AMSC and ComEd Proceed on Engineering Assessment for Second Superconductor-based REG System in Chicago

American Superconductor Corporation (AMSC) 
Last american superconductor corporation earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amsc.com/investor-relations
Company Research Source: GlobeNewswire
AYER, Mass. and CHICAGO, Oct. 22, 2019 (GLOBE NEWSWIRE) -- AMSC®, a global energy solutions provider serving wind and power grid industry leaders, today announced that Commonwealth Edison (ComEd) is conducting the engineering assessment for a proposed second project of AMSC’s Resilient Electric Grid (REG) system for Chicago’s central business district. The Federal Energy Regulatory Commission (FERC), which allows utilities to recover their investments in transmission systems, recently granted ComEd’s request to recover its portion of the cost to construct, operate and maintain both projects through its transmission rates. ComEd’s second project, if agreed to and undertaken, would follow timewise its first project at ComEd’s substation and would utilize AMSC’s REG system to interconnect multiple existing substations in Chicago’s central business distr Show less Read more
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