Southern appoints new CEO of nuclear unit [Yahoo! Finance]
Public Service Enterprise Group Incorporated (PEG)
Last public service enterprise group incorporated earnings: 2/26 07:30 am
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Source: Yahoo! Finance
Southern Nuclear operates eight nuclear energy units in Alabama and Georgia. WHY IT IS IMPORTANT The unit had recently achieved commercial operation on Vogtle 3 and 4 nuclear reactors, considered the first newly-built reactors since Watts Bar Unit 1 which started operations in 1996. CONTEXT President Joe Biden passed the largest climate change legislation in U.S. history in 2022, meant to touch off a boom in American clean energy development including nuclear. Sena became the president of Southern Nuclear in 2023 after joining in 2019 as executive vice president and chief nuclear officer (CNO). Before joining Southern Nuclear, he held a number of leadership positions at First Energy and later Public Service Enterprise Group including serving as CNO for both companies. KEY QUOTES "When Sena assumes the additional roles of chairman and CEO, he will oversee the operation of over 8,400 MW of nuclear power across Plant Farley in Alabama, and both Plants Hatch and Vogtle Unit
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News
- PSE&G Announces Approval of Clean Energy Future-Energy Efficiency II Program to Drive Continued Energy Savings in New JerseyPR Newswire
- Public Service Enterprise Group Incorporated (NYSE: PEG) had its price target raised by analysts at UBS Group AG from $94.00 to $98.00. They now have a "neutral" rating on the stock.MarketBeat
- PSEG (PEG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Baltimore County votes to condemn the controversial transmission line project [CBS News]CBS News
- Insiders At Public Service Enterprise Group Sold US$5.1m In Stock, Alluding To Potential Weakness [Yahoo! Finance]Yahoo! Finance
PEG
Earnings
- 7/30/24 - Miss
PEG
Sec Filings
- 10/10/24 - Form 4
- 10/9/24 - Form 144
- 10/2/24 - Form 4
- PEG's page on the SEC website