Tag: Utilities
Czech power company CEZ says its net profit in the first half of 2024 totaled $912 million, down 5%
PRAGUE -- The dominant Czech power company CEZ said on Thursday its net profit totaled 21.1 billion Czech crowns ($912 million) in the...
Baltic countries notify Russia and Belarus they will exit the Moscow-controlled electricity grid
VILNIUS, Lithuania -- The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit...
Houston utility says 500K customers still won't have electricity next week as Beryl outages persist
HOUSTON -- About 500,000 customers still won’t have electricity into next week as wide outages from Hurricane Beryl persist and frustration mounts over...
UK water firms get smaller rate hikes than sought amid struggle to cut pollution, attract investors
British regulators have slashed proposed rate increases by water companies, crimping revenue at a time they are struggling to persuade investors to finance...
Federal judge orders mediation to break impasse over Puerto Rico power company debt
SAN JUAN, Puerto Rico -- A federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company ordered all parties to mediation...
UK utility giant Thames Water will seek fresh funding to keep business afloat
LONDON -- Thames Water, Britain's largest water company, said Tuesday it's hunting for fresh funding to keep the business afloat, even as the...