CIP acquires 255MW/1020MWh battery storage project in Arizona [Yahoo! Finance]
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Yahoo! Finance
hours (MWh) Scatter Wash standalone battery storage project in Phoenix, in the US state of Arizona. Strata Clean Energy will continue to serve as the construction and asset manager for the Scatter Wash project. The project, which commenced construction in early 2024, will commence commercial operations in the first half of 2025. Strata, with its western headquarters in Phoenix, has a strong presence in the region, and more than 6GW of solar PV and 24 gigawatt hours of battery storage projects under development. In 2023, Strata Clean Energy secured a 20-year tolling agreement for the Scatter Wash project with Arizona Public Service (APS). APS is the largest electric utility in Arizona, serving 1.4 million homes and businesses in 11 of the state's 15 counties. The financing for the Scatter Wash project was secured in February 2024 from a consortium of lenders, led by JP Morgan and Nomura. This included a tax equity commitment from US Bancorp, providing a strong financial f
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PNW
News
- Pinnacle West Capital Co. (NYSE: PNW) had its price target lowered by analysts at Morgan Stanley from $82.00 to $81.00. They now have an "equal weight" rating on the stock.MarketBeat
- Are You a Value Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- APS Secures Its Largest-Ever Energy Supply to Reliably Serve Customers [Yahoo! Finance]Yahoo! Finance
- APS Secures Its Largest-Ever Energy Supply to Reliably Serve CustomersBusiness Wire
- Pinnacle West Capital Co. (NYSE: PNW) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $91.00 price target on the stock, down previously from $93.00.MarketBeat
PNW
Earnings
- 11/6/24 - Beat
PNW
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- 11/13/24 - Form 144
- PNW's page on the SEC website