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Stock impact report

Exodigo Earns Federal Funding to Help Modernize Power Grid [Yahoo! Finance]

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
PALO ALTO, Calif. Jan. 30, 2024 /PRNewswire/ -- Exodigo today announced that it will provide the accurate, complete subsurface maps needed to improve undergrounding processes for power lines as part of the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program led by the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). In partnership with the Pacific Northwest National Laboratory and Rutgers , Exodigo will work with participating utilities - including Avista Utilities, Portland General Electric, and WEC Energy Group - to support GOPHURRS' mission to strengthen and modernize America's aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. "Our team at PNNL sees great potential through this ARPA-E project to speed up undergrounding operations and support improvements to the reliability and resilience of the nation's electrical grid," said Show less Read more
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