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Stock impact report

APS Secures Its Largest-Ever Energy Supply to Reliably Serve Customers [Yahoo! Finance]

Pinnacle West Capital Corporation (PNW) 
Last pinnacle west capital corporation earnings: 2/21 08:40 am Check Earnings Report
US:NYSE Investor Relations: pinnaclewest.com/investors
Company Research Source: Yahoo! Finance
PHOENIX, November 20, 2024 BUSINESS WIRE )--Arizona Public Service (APS) has signed agreements to add new energy supplies to its energy mix – APS's largest-ever planned addition of new power sources. In all, APS will add nearly 7,300 megawatts (MW) of renewable power, battery energy storage and natural gas to meet the state's growing demand for energy. Picture this, that's enough electricity to run nearly 1.4 million air conditioners at the same time. The deals, inked through its 2023 All Source Request for Proposals (ASRFP), will add new generation resources and expand existing power plants and power purchase agreements. "With almost 7,300 MW of energy signed, this will be the largest energy supply we've ever procured through an RFP for APS customers. Most importantly, this portfolio will provide reliable, cost-competitive electricity, with 93% of this supply coming directly from clean energy technologies. I'm proud of our resource acquisition team's diligent work to close the bes Show less Read more
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