Public Recreation Programs, Acquisitions, Retirement, Enhanced Service Reliability Initiative, and Fund-Raisings - Analyst Notes on PPL, NRG, FirstEnergy, PSEG, and CMS Energy Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding PPL Corporation (NYSE: PPL), NRG Energy, Inc. (NYSE: NRG), FirstEnergy Corp. (NYSE: FE), Public Service Enterprise Group Inc. (NYSE: PEG), and CMS Energy Corp. (NYSE: CMS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
PPL Corporation Analyst Notes
On April 2, 2014, PPL Corporation (PPL) announced that it will manage the power generation at the hydroelectric plant to accommodate springtime fishing on the Lackawaxen River, as part of its support of public recreation around Lake Wallenpaupack. Paul Canevari, PPL's Pocono region Community Relations Director, said, "For the safety of anglers and as part of our federal operating license, we will suspend generation on Saturdays, Sundays and holidays starting April 12 - the first day of trout season - through June 14, and also on Fridays during that period for the three hours before and one hour after sunset." The Company said that the schedule will be only changed if the power plant is needed to control lake elevation during heavy inflows or drought conditions, for emergency power generation, or to regulate the water temperature in the Lackawaxen River. According to PPL, it has a program that manages power generation from its hydroelectric plant in Lake Wallenpaupack to help keep downstream water temperature between river miles 10 and 4, below 75 degrees, providing a more beneficial habitat for wild trout and trout stocked by the commission. The full analyst notes on PPL Corporation are available to download free of charge at:
NRG Energy, Inc. Analyst Notes
On April 1, 2014, NRG Energy, Inc. (NRG) announced that it has closed its multiple strategic acquisitions of all of the assets of Edison Mission Energy (EME) as well as of Dominion Resources, Inc.'s competitive retail electricity business for $2.6 billion and $165 million, respectively. According to NRG, with the closure of the acquisitions, NRG advances its overall strategy of enhancing its generation fleet, expanding its retail business, and growing its green portfolio. "Closing this trio of acquisitions in the past week materially enhances our capabilities and our economies of scale in all of our key business areas," said David Crane, President and CEO of NRG. "By advancing across the full range of our overall company strategy, we are giving consumers greater access to clean energy and individual control over their energy future." The full analyst notes on NRG Energy, Inc. are available to download free of charge at:
FirstEnergy Corp. Analyst Notes
On March 27, 2014, Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (FirstEnergy), announced its tree-trimming tree efforts to support enhanced service reliability. According to JCP&L, it is trimming trees in transmission line corridors in Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris and Ocean counties to ensure that its transmission system meets or exceeds federal and state requirements for maintaining proper tree clearances in order to provide safe and reliable service to customers. The full analyst notes on FirstEnergy Corp. are available to download free of charge at:
Public Service Enterprise Group Inc. Analyst Notes
On April 1, 2014, Public Service Enterprise Group Inc. (PSEG) announced the retirement of Lon Bouknight, Jr., Executive Vice President and General Counsel of the Company during Q3 2014. According to the Company, Tamara Linde, its current Vice President - regulatory, will take over Mr. Bouknight, Jr.'s position, upon his retirement. Additionally, the Company informed about promotion of Courtney McCormick to the role of Vice President, Deputy General Counsel, and Corporate Secretary of PSEG. The full analyst notes on Public Service Enterprise Group Inc. are available to download free of charge at:
CMS Energy Corp. Analyst Notes
On March 24, 2014, CMS Energy Corp. (CMS Energy) reported that employees of its Michigan-based subsidiary Consumers Energy raised $275,000 through Walk for Warmth Events in the state, to help residents stay warm in winter 2014. According to Consumers Energy, it has teamed up with local Community Action Agencies in the entire state to sponsor 34 Walk for Warmth events all over Michigan's Lower Peninsula. Consumers Energy's Vice President of Customer Experience, Rates and Regulation, Patti Pop commented, "More than 1,700 employees demonstrated their commitment to the communities we serve by walking in cold weather and raising more than twice as much money as last year to help our neighbors in need." The full analyst notes on CMS Energy Corp. are available to download free of charge at:
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