01:08 PM EST, 02/28/2025 (MT Newswires) -- Eletrobras (EBR) shares were up almost 3% in recent Friday trading after the company said it reached a deal in a mediation process with Brazil's government. The agreement maintains a 10% voting cap on shareholders and would give, among other things, the government the right to appoint three of the 10 members of...

01:11 PM EST, 02/28/2025 (MT Newswires) -- Truist writes that it is incrementally more positive on GFL Environmental ( GFL ) following the Investor Day. GFL management introduced 2028 financial targets, which could prove to be conservative as the analysts see numerous drivers of upside for sales, margin and FCF conversion. With the upcoming divestiture of the Environmental Services (ES)...

(Reuters) - American Electric Power and its transmission affiliate Transource Energy LLC will invest approximately $1.7 billion in transmission system upgrades to improve reliability and deliver more power to meet growing demand, AEP said on Thursday. AEP said in a statement that it will invest across states within the footprint of regional transmission organization PJM Interconnection, including Indiana, Maryland, Ohio,...

(Reuters) -California's $21 billion wildfire fund may shield Edison International's balance sheet if equipment owned by the company's electric utility is found to have caused a deadly Los Angeles fire last month, Edison's CEO said on Thursday. Southern California Edison, one of the state's largest electric utilities, faces a swelling number of lawsuits claiming its power lines caused the Eaton...