Utilities News

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of the initial public offering of its Class A common stock at a public offering price of $27.00 per share. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the Company con...

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) today announced that Sidd Manjeshwar has joined as Chief Strategy Officer and serves as part of the company’s executive leadership team. In this newly created role, Manjeshwar will be responsible for formulating and driving UGI’s enterprise vision and strategy, and leading strategic initiatives including assessing growth opportunities. Robert Flexon, President and CEO of UGI Corporation, said, “Over the past year, we have been focu...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova (NYSE: GEV) is pleased to announce the closing of its previously announced registered public offering of Senior Notes. GE Vernova intends to use the net proceeds from the offering for general corporate purposes, including financing a portion of the acquisition of the remaining fifty percent stake of Prolec GE that closed on February 2, 2026. The offering consists of the following tranches: $600 million aggregate principal amount of 4.250% Senior Not...

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, February 19, 2026, at 5:00 p.m. ET to discuss the company's fourth quarter and full year 2025 results, as well as certain forward-looking information. The company plans to release its fourth quarter and full year 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company’s website at ir.wor...

READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS), a global leader in stored energy solutions announced today that its Board of Directors has declared a quarterly cash dividend of $0.2625 per share of common stock payable on March 27, 2026, to holders of record as of March 13, 2026. About EnerSys EnerSys is a global leader in stored energy solutions for industrial applications and designs, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, ba...

READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, announced today results for its third quarter of fiscal 2026, which ended on December 28, 2025. “We delivered strong earnings in the third quarter with adjusted diluted EPS ex 45X of $1.84, up 50%,” said Shawn O’Connell, President and Chief Executive Officer of EnerSys. “Margins expanded meaningfully across most areas of our business, driven by favorable product mix along...

WASHINGTON--(BUSINESS WIRE)--Xylem Inc. (NYSE: XYL), a leading global water solutions company that empowers customers and communities to build a more water-secure world, announced today that Management and Investor Relations will make presentations and participate in investor meetings at the following upcoming conferences: Citi’s 2026 Global Industrial Tech & Mobility Conference, February 17, Miami Barclays 43rd Annual Industrial Select Conference, February 18, Miami About Xylem Xylem (XYL)...

VALLEY FORGE, Pa.--(BUSINESS WIRE)--The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of UGI’s common stock. The dividend is payable April 1, 2026, to shareholders of record as of March 16, 2026. About UGI UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provid...

SAN FRANCISCO--(BUSINESS WIRE)--Gridware Study Finds Active Grid Response Technology Improves Power Reliability While Mitigating Wildfire Ignitions....

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Apeiron Labs Closes $9.5 Million Series A to Scale Its Global Ocean Data Platform....