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Consolidated Edison Inc (ED.N)

ED.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Con Edison Prices Offering Of 13.6 Million Common Shares At $77 Per Share
Thursday, 15 Nov 2018 

Nov 14 (Reuters) - Consolidated Edison Inc ::CON EDISON ANNOUNCES PRICING OF COMMON SHARE OFFERING.SAYS OFFERING OF 13.6 MILLION COMMON SHARES PRICED AT $77.00PER SHARE.  Full Article

Mountain Valley Pipeline Llc Says Will Construct And Own Proposed MVP Southgate
Wednesday, 7 Nov 2018 

Nov 6 (Reuters) - EQM Midstream Partners LP ::MOUNTAIN VALLEY PIPELINE, LLC, FILES FORMAL APPLICATION REQUESTING FERC AUTHORIZATION TO CONSTRUCT MVP SOUTHGATE INTERSTATE NATURAL GAS PIPELINE.MOUNTAIN VALLEY PIPELINE LLC SAYS WILL CONSTRUCT AND OWN PROPOSED MVP SOUTHGATE.MOUNTAIN VALLEY PIPELINE SAYS PROPOSED MVP SOUTHGATE IS JV BETWEEN EQM MIDSTREAM PARTNERS; AFFILIATES OF NEXTERA ENERGY; CONSOLIDATED EDISON; AMONG OTHERS.MOUNTAIN VALLEY PIPELINE SAYS EQM MIDSTREAM PARTNERS WILL OPERATE THE PIPELINE AND OWN LARGEST INTEREST IN THE PROPOSED MVP SOUTHGATE JOINT VENTURE.  Full Article

Con Edison Q3 Earnings Per Share $1.40
Friday, 2 Nov 2018 

Nov 1 (Reuters) - Consolidated Edison Inc ::CON EDISON REPORTS 2018 THIRD QUARTER EARNINGS.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $4.25 TO $4.35.Q3 EARNINGS PER SHARE $1.40.Q3 EARNINGS PER SHARE VIEW $1.46 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $1.57.FY2018 EARNINGS PER SHARE VIEW $4.26 -- THOMSON REUTERS I/B/E/S.  Full Article

Con Edison Clean Energy Businesses & Johnson Controls Announces Joint Venture
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Consolidated Edison Inc ::CON EDISON CLEAN ENERGY BUSINESSES AND JOHNSON CONTROLS ANNOUNCE BATTERY STORAGE TECHNOLOGY JOINT VENTURE.CON EDISON SOLUTIONS- UNDER AGREEMENT, JOHNSON CONTROLS EMPLOYEES WILL BECOME PART OF CO'S BUSINESSES EFFECTIVE IMMEDIATELY.CON EDISON SOLUTIONS- BEEN DESIGNATED EXCLUSIVE PROVIDER OF BATTERY ENERGY STORAGE TO CUSTOMERS OF JOHNSON CONTROLS .CON EDISON SOLUTIONS - CO WILL BE MAJORITY OWNER & OPERATING PARTNER OF JOINT VENTURE, WHILE JOHNSON CONTROLS WILL PARTICIPATE AS A MINORITY OWNER.  Full Article

Sempra Energy To Sell U.S. Solar Assets To Consolidated Edison
Friday, 21 Sep 2018 

Sept 20 (Reuters) - Sempra Energy ::PRESS RELEASE - SEMPRA ENERGY TO SELL U.S. SOLAR ASSETS TO CONSOLIDATED EDISON.SEMPRA ENERGY - CO ALSO INTENDS TO SELL REST OF ITS NON-UTILITY U.S. WIND AND CERTAIN U.S. MIDSTREAM NATURAL GAS ASSETS.  Full Article

Consolidated Edison To buy 981 MW Of Renewable Electric Production Projects
Friday, 21 Sep 2018 

Sept 20 (Reuters) - Consolidated Edison Inc ::CON EDISON TO ACQUIRE 981 MW OF RENEWABLE ELECTRIC PRODUCTION PROJECTS FROM SEMPRA ENERGY.CONSOLIDATED EDISON INC - DEAL FOR PURCHASE PRICE FOR ACQUISITION IS $1.54 BILLION.CONSOLIDATED EDISON - EXPECTS TO FINANCE PURCHASE PRICE FOR ACQUISITION WITH $715 MILLION OF EQUITY AND $825 MILLION OF LONG-TERM, NON-RECOURSE DEBT..CONSOLIDATED EDISON INC - FOR YEAR OF 2018, CON EDISON REAFFIRMS ITS PREVIOUS FORECAST OF ADJUSTED EARNINGS PER SHARE OF $4.15 TO $4.35 PER SHARE.CONSOLIDATED EDISON - ESTIMATES THAT EFFECT OF ACQUISITION ON GAAP EARNINGS WILL BE ACCRETIVE IN 2018.CONSOLIDATED EDISON INC - RENEWABLE ENERGY PROJECTS FROM SEMPRA'S UNIT HAVE $576 MILLION OF EXISTING PROJECT DEBT.  Full Article

Consolidated Edison Files For Potential Mixed Shelf Offering
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Consolidated Edison Q2 Earnings Per Share $0.60
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Consolidated Edison Inc ::CON EDISON REPORTS 2018 SECOND QUARTER EARNINGS.Q2 EARNINGS PER SHARE $0.60.Q2 EARNINGS PER SHARE VIEW $0.56 -- THOMSON REUTERS I/B/E/S.REAFFIRMS FY 2018 ADJUSTED EARNINGS PER SHARE VIEW $4.15 TO $4.35.QUARTERLY ADJUSTED EARNINGS PER SHARE $0.61.CONSOLIDATED EDISON - CONTINUING TO WORK CLOSELY WITH BUSINESSES, RESIDENTS TO HELP MITIGATE IMPACT OF RECENT STEAM MAIN RUPTURE IN MANHATTAN.  Full Article

Consolidated Edison Recommends Shareholder Rejection Of Mini-Tender Offer By TRC Capital
Wednesday, 25 Apr 2018 

April 24 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON, INC. RECOMMENDS SHAREHOLDER REJECTION OF MINI-TENDER OFFER BY TRC CAPITAL CORPORATION.CONSOLIDATED EDISON - RECEIVED NOTICE OF UNSOLICITED "MINI-TENDER" OFFER BY TRC CAPITAL CORP TO PURCHASE UP TO 1.5 MILLION SHARES OF CON EDISON'S STOCK.CONSOLIDATED EDISON INC - CON EDISON DOES NOT ENDORSE TRC CAPITAL'S UNSOLICITED MINI-TENDER OFFER & RECOMMENDS SHAREHOLDERS DO NOT TENDER THEIR SHARES.CONSOLIDATED EDISON INC - CON EDISON IS NOT ASSOCIATED WITH TRC CAPITAL, ITS MINI-TENDER OFFER OR MINI-TENDER OFFER DOCUMENTATION.  Full Article

Consolidated Edison Says Co, Units Entered Into An Extension Agreement
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Consolidated Edison Inc ::CONSOLIDATED EDISON INC - CO, UNITS ENTERED INTO AN EXTENSION AGREEMENT, EFFECTIVE JANUARY 8, 2018‍​.CONSOLIDATED EDISON SAYS AGREEMENT EXTENDS TERMINATION DATE UNDER $2.25 BILLION CREDIT AGREEMENT, DATED DEC 7, 2016, TO DECEMBER 7, 2022​ - SEC FILING.  Full Article

U.S. halts construction on EQT West Virginia to Virginia Mountain Valley gas pipeline

U.S. energy regulators have told EQT Corp and other companies building the $3.5-$3.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia to stop all construction.