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0 0 0.000969932104752704 0.00129324280633694 0.00301756654811942 0.00344756978122647 0.00307145166505008 0.00409526888673343
Stock impact report

PSEG (PEG) Rides on Investments Despite Weak Financial Position [Yahoo! Finance]

IDACORP, Inc. (IDA) 
Last idacorp, inc. earnings: 8/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: idacorpinc.com/investor-relations
Company Research Source: Yahoo! Finance
Moreover, to enhance customer reliability, the company makes consistent investments in its infrastructure, thereby strengthening its transmission and distribution system's resilience. However, this Zacks Rank #3 (Hold) company faces risks like unfavorable financial position and expenditure to remediate every manufactured gas plant (MGP) site, which act as a headwind. Tailwinds PSEG has a capital investment plan of $18-$21 billion for 2024-2028 to constantly upgrade its infrastructure and expand its renewable generation portfolio. Its solid capital investment plan is estimated to bring in a compounded annual rate base growth of 6-7.5% between 2024 and 2028. In the clean energy space, the company is investing significantly in solar initiatives, primarily in utility-owned solar photovoltaic (PV) grid-connected systems. As of Dec 31, 2023, the PSE&G segment owned 158 MW DC of installed PV solar capacity throughout New Jersey. PSEG is also expanding its footprint in the wind ener Show less Read more
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