Electric Utilities

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DTE Energy Co reaffirms FY 2016 EPS guidance

DTE Energy Co:Reaffirmed FY 2016 operating EPS guidance of $4.80 to $5.05, which was provided in the September early outlook.

Wednesday, 10 Feb 2016

Drax Group Plc - UK court rejects Drax, Infinis case against govt on green tax change - Reuters

Drax Group Plc:Britain's High Court has ruled against power producers Drax and Infinis in their case brought against the government for not providing enough notice when it announced the removal of a climate change tax exemption last year, Drax said on Wednesday - RTRS."(The court) concluded that the...

Wednesday, 10 Feb 2016

Fortis Inc to acquire ITC Holdings Corp for $11.3 bln

ITC Holdings Corp:Fortis Inc. to acquire ITC Holdings Corp for $11.3 billion.Under the terms of the transaction ITC shareholders will receive $22.57 in cash and 0.7520 Fortis shares per ITC share.Says Fortis continues to target 6% average annual dividend growth through 2020 Says upon closing of the...

Tuesday, 9 Feb 2016

Fortis Inc to acquire ITC Holdings Corp for $11.3 bln

ITC Holdings Corp:Fortis Inc. to acquire ITC Holdings Corp for $11.3 billion.Under the terms of the transaction ITC shareholders will receive $22.57 in cash and 0.7520 Fortis shares per ITC share.Says Fortis continues to target 6% average annual dividend growth through 2020 Says upon closing of the...

Tuesday, 9 Feb 2016

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