Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, has announced a strategic collaboration with Landsvirkjun, Iceland’s largest power producer. This partnership will see the implementation of AspenTech’s OSI Digital Grid Management software, enhancing the utility’s ability to…
Improved business outlooks, stabilizing rates, and enhanced communication have led to a notable increase in business customer satisfaction with electric utilities this year, according to the J.D. Power 2024 Electric Utility Business Customer Satisfaction Study. Overall satisfaction rose by 30…
Illinois American Water has completed its $8.4 million acquisition of the Metro East Sanitary District (MESD) wastewater system, which includes the Eagle Park and Lansdowne facilities. This acquisition adds approximately 5,600 customers in the Metro East area, near St. Louis,…
rPlus Energies, a leading renewable energy developer, has secured a long-term power purchase agreement (PPA) with Idaho Power for its 125-megawatt (MW) Pleasant Valley Solar 2 project in Ada County, Idaho. This project follows the success of the 200 MW…
The American Water Charitable Foundation, in partnership with American Water’s Military Services Group, has awarded a $25,000 State Strategic Impact grant to K9s For Warriors for the third consecutive year. K9s For Warriors, the nation’s largest provider of trained service…
World leaders are convening this week in Baku, Azerbaijan, at the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change, to accelerate global decarbonization efforts. The water sector, responsible for nearly 2% of global carbon…
Iberdrola, a global leader in renewable energy, and Acciaierie Venete Spa, a major player in the European steel industry, have signed a multi-year Off-site Power Purchase Agreement (PPA) for 12 MW of renewable capacity. The agreement will deliver 230 GWh…
Indiana American Water has finalized its $45 million acquisition of Silver Creek Water Corporation (SCWC) as of November 6, 2024. SCWC, a membership-owned utility, serves about 8,000 customers across Silver Creek and Carr Townships in Clark County, as well as…
Xcel Energy Inc. (NASDAQ: XEL) announced the completion of its registered underwritten offering of 18,320,610 shares of common stock in connection with forward sale agreements. Barclays and BofA Securities served as the joint lead book-running managers, while Citigroup and Wells…
Pennsylvania American Water is urging customers across its service area to reduce water usage voluntarily due to the drought watch declared by the Pennsylvania Department of Environmental Protection (DEP) last week. The company is asking residents and businesses to cut…
Iberdrola’s Executive Chairman, Ignacio Galán, met with Lehendakari Imanol Pradales in Vitoria-Gasteiz, at the Basque Government headquarters. The meeting is part of ongoing discussions between Iberdrola’s leadership and Basque authorities. During the meeting, Galán reiterated Iberdrola’s strong commitment to the…
CRH (NYSE: CRH), a leading building materials solutions provider, has launched Romania’s first wind farm dedicated to powering a cement plant. This renewable energy project will supply a significant portion of the Medgidia Cement Plant’s electricity needs, reducing its carbon…