Utilities News

ROTTERDAM, The Netherlands--(BUSINESS WIRE)--Cadeler, a key partner in offshore wind transportation and installation, has opened a new office in Rotterdam, strengthening its presence in one of Europe’s leading maritime and offshore wind hubs. The office will house operations, engineering and technical teams supporting the company’s activities in the Netherlands and beyond. With its established maritime and offshore industry cluster, Rotterdam provides access to specialist expertise, industry pa...

LOS ANGELES--(BUSINESS WIRE)--Metropolitan Water District General Manager Shivaji Deshmukh issues the following statement on the State Water Resources Control Board’s approval today of a water right permit for the Sites Reservoir Project: “The water right approved today is the foundation of the Sites Reservoir Project. Metropolitan appreciates the efforts of the Administrative Hearing Officer and the State Water Board to respond to and address our recent comments, allowing the project to better...

BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the Third Quarter of 2026. Net income for the period was $30.7 million, or $0.50 per diluted share, as compared with net income of $38.2 million, or $0.62 per diluted share, for the same period in 2025. This decrease was primarily due to $6.1 million of net loss associated with our additional ownership interests in Colstrip Units 3 and 4, depr...

IRVING, Texas--(BUSINESS WIRE)--Fluor Signs MOU with Inelectra in Venezuela...

ALBANY, Ga.--(BUSINESS WIRE)--Threadcraft Engineering, Inc. (TEI) has completed the purchase of the assets of M-Square Associates, P.C., a structural engineering firm based in Albany, Georgia, expanding its capabilities and strengthening its position as a multidisciplinary engineering provider. The transaction adds structural engineering to TEI’s existing services in civil, environmental, water resources, and program management. Together, the combined team brings more than 50 years of experienc...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS), (“Kodiak”) today announced that its board of directors has declared a cash dividend of $0.51 per share of common stock for the third quarter of 2026, payable on November 25, 2026, to all stockholders of record as of the close of business on November 16, 2026. The $0.51 per share dividend represents a 4.1% increase over both the prior quarter and the year-ago quarter. Since Kodiak initiated its dividend in 2023 at $0.3...

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial and operating results for the quarter ended September 30, 2026. Kinetik reported net income including noncontrolling interest of $50.9 million and $168.9 million for the three and nine months ended September 30, 2026, respectively. Kinetik generated Adjusted EBITDA1 of $278.1 million and $810.1 million, Distributable Cash Flow1 of $213.7 million and $589.5 million,...

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD THIRD QUARTER 2026 RESULTS...

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $1.06 for the quarter ended September 30, 2026, prepared in accordance with Generally Accepted Accounting Principles (GAAP), which are consistent with those reported during the same period in 2025. Our financial results were impacted by an unfavorable period-over-period change in investment results, reflecting volatile market conditions. Specifically, for the...

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today reported financial results for the third quarter ended October 3, 2026....