Utilities News

HONOLULU--(BUSINESS WIRE)--On September 16, 2026, Hawaiian Electric Industries, Inc. (NYSE - HE) (“HEI”) monetized 30% of its 9.9% stake in American Savings Bank, N.A. (NYSE - ASBH) (“ASB”), as part of ASB’s initial public offering. The sale of approximately 2.0 million shares resulted in $29.5 million in proceeds to HEI, net of underwriting fees and issuance costs. The underwriters have a 30-day option to purchase up to an additional 293,904 shares of common stock from HEI, and fully exercisin...

COPENHAGEN, Denmark--(BUSINESS WIRE)--Cadeler A/S ("Cadeler"), through Nexra, its dedicated offshore wind service platform, and Vattenfall Vindkraft AB have entered into a memorandum of understanding (MoU) for a strategic collaboration to explore the development of next-generation operations & maintenance (O&M) solutions for the offshore wind industry. The collaboration will focus on advancing innovative Major Component Exchange (MCE) capabilities, combining operational expertise, servi...

LONDON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) led a €49 million Series E financing round for Amber Electric (Amber or the Company), an energy flexibility platform that enables customers to optimize how they store and use energy at home. This funding will support the Company’s continued growth and expansion in Europe. It follows the recent partnership with E.ON, one of the UK’s largest energy suppliers, whi...

JAKARTA, Indonesia--(BUSINESS WIRE)--Trilliant returns to Enlit Asia 2026 as Diamond Sponsor for the 8th consecutive year, backed by 40 years of innovation and 13M+ smart meters in APAC....

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved an increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.90 per share. At the new rate, the indicated dividend is $3.60 per share on an annual basis. IDACORP’s Board of Directors has approved a dividend increase every year since 2011, resulting in a cumulative dividend increase of 200% and compound annual dividend growth rate of 7.6% since 2011. “We expect our...

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) continues its season-long partnership with ESPN Radio’s College Football Campus Tour this week in Louisville, Kentucky. Ahead of the Cardinals-SMU matchup, Bloom visited Engine 16 / Truck 3 and contributed to the Louisville Fire Foundation, a nonprofit that supports Louisville firefighters through training, fire safety education, community programs and assistance for firefighters and their families. Located near the University of Louisv...

FAIRFIELD, Maine--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, has awarded a $10,000 grant to Kennebec Valley Community College (KVCC) to support the Avangrid Foundation/Central Maine Power Scholarship Fund. The funding will provide five $2,000 scholarships to students enrolled in KVCC's Electrical Lineworker Technology and Electrical Technology programs during the 2026-2027 academic year. “As the energ...

WASHINGTON--(BUSINESS WIRE)--Nodal Exchange has been named 2026 Americas Energy Derivatives Exchange of the Year by Global Capital....

NEW YORK--(BUSINESS WIRE)--Xeal today launched Laitent, the world’s first edge inference compute network using idle EV charging capacity. With one of the five largest Level 2 EV charging footprints in the U.S., Laitent will tap more than 200MW of permitted, installed electrical infrastructure across 1,600+ properties. Xeal, a member of NVIDIA Inception, plans to deploy over 100,000 NVIDIA GPUs alongside EV charging infrastructure. Xeal has also secured partnerships with Rafay Systems for AI inf...

BOSTON--(BUSINESS WIRE)--H2O Care Partners (“H2OCP”), a fast-growing water solutions platform, announced the acquisition of four new partner companies in April: American Pump & Drilling (“APD”) (WA), Beauchamp Water Treatment Solutions (“Beauchamp”) (MI), Universal Water Systems and Superior Water Treatment (“U&S”) (CO, NM, AZ), and Certain Services (FL). The partnerships extend H2OCP’s reach into the Southwest and Pacific Northwest, while deepening its presence in Michigan and Florida....