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Stock impact report

Parsons Demand Response Technology to Optimize and Enable Los Angeles Department of Water & Power’s Operations and Strategic Plan

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., April 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Los Angeles Department of Water & Power (LADWP) to provide demand response technology, integration, and services to help manage and optimize the operation of distributed energy sources within the electrical grid. “Utility providers around the world are reshaping their capacity plans to meet the growing needs driven by the boom of artificial intelligence and data centers,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “We take great pride in helping cities around the world deliver resilient energy systems for their populations and look forward to applying our innovative technology to enhance LADWP’s demand response and renewable electricity capacity.” Under the contract, Parsons will provide the Demand Response Management System (DRMS) to LADWP, which will serve as key infrastructure in the utility’s drive to achie Show less Read more
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