APS Uses ‘Growth Pays for Growth’ Model to Develop New Natural Gas Plant
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Business Wire
Thoughtful plan shelters existing customers from paying for data centers, extra-large users PHOENIX--(BUSINESS WIRE)--Arizona Public Service (APS) announced plans today to develop a site west of Gila Bend, Ariz., capable of adding up to 2,000 megawatts (MW) of reliable, flexible generation to the state’s energy portfolio. The Desert Sun Power Plant will be a state-of-the-art natural gas facility designed to meet Arizona’s rapidly growing needs, support unprecedented demand from extra-large energy users and enhance integration of renewable energy resources – all while protecting affordability for residential and small business customers.This two-phase project will support current customer growth through our competitive procurement process in Phase 1 and enable new extra-large customer investments via an innovative subscription model in Phase 2.“Arizona’s energy needs are growing faster than at any time in our history,” said Jacob Tetlow, APS Executive Vice President and Chief Operat
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- Pinnacle West Capital (NYSE:PNW) was given a new $91.00 price target on by analysts at Morgan Stanley.MarketBeat
- Pinnacle West Capital (NYSE:PNW) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
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PNW
Earnings
- 11/3/25 - Beat
PNW
Sec Filings
- 11/12/25 - Form SCHEDULE
- PNW's page on the SEC website