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Consolidated Edison Inc (ED.N)

ED.N on New York Stock Exchange

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28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

New York says Con Ed reaches $153.3 mln settlement over fatal Harlem blast
Thursday, 16 Feb 2017 03:13pm EST 

: New York Governor Andrew Cuomo announces $153.3 million settlement with Con Edison arising from 2014 gas explosion in East Harlem . Cuomo says Con Edison agreed not to seek reimbursement from customers for over $125.5 million spent on gas leak response activity since the fatal blast . Cuomo says settlement also includes a more than $25 million fund to benefit gas customers . Cuomo says that under settlement, Con Ed shareholders will pay for various gas pipe inspections, repairs . Cuomo calls the accord the largest gas safety-related settlement in New York's history Further company coverage: [ED.N] (Editing by Alan Crosby).  Full Article

Con Edison Development acquires three assets of Juhl Energy
Thursday, 19 Jan 2017 05:38pm EST 

Con Edison Development (CED): Con Edison Development says acquires Juhl Energy Services, Inc., a development pipeline of wind projects and portfolio of operating projects from Juhl Energy . CED says has purchased interest in a portfolio of three operating wind projects that have a total capacity of 36 megawatts (MW) and are located in Minnesota and Iowa . CED says has also acquired Juhl Energy Service Inc.'s operating and maintenance services business, which currently supports ten individual projects and associated personnel . CED says it has also acquired Juhl Energy's interest in a pipeline of wind projects of approximately 500 MW in the Mid-West (Reporting by Eileen Soreng in Bengaluru) ((BLRCEEditorial@thomsonreuters.com)).  Full Article

Aclara acquires Smart Grid Solutions division of Apex CoVantage
Thursday, 12 Jan 2017 01:37pm EST 

Aclara Technologies LLC: Aclara acquires smart grid solutions division of Apex Covantage .Aclara Technologies LLC says financial terms are not being disclosed.  Full Article

Consolidated Edison Inc says entered into underwriting agreement for sale of $250 mln of unit CECONY's debentures
Wednesday, 16 Nov 2016 09:43am EST 

Consolidated Edison Inc : Says on nov 10, co entered into an underwriting agreement for sale of $250 million aggregate principal amount of CECONY's 2.90% debentures, series 2016 - SEC filing .Says co also entered into underwriting agreement for sale of $500 million aggregate principal amount of CECONY's 4.30% debentures, series 2016 C - SEC filing.  Full Article

Con Edison reports 2016 third quarter earnings
Thursday, 3 Nov 2016 05:42pm EDT 

Consolidated Edison Inc : FY2016 earnings per share view $3.96 -- Thomson Reuters I/B/E/S . Con Edison reports 2016 third quarter earnings . Sees FY 2016 adjusted earnings per share $3.90 to $4.00 . Q3 earnings per share $1.63 .Q3 earnings per share view $1.47 -- Thomson Reuters I/B/E/S.  Full Article

WGL Midstream acquires additional 3 pct interest in Mountain Valley pipeline
Monday, 31 Oct 2016 08:30am EDT 

WGL Holdings Inc : WGL Midstream acquires additional 3 percent interest in Mountain Valley pipeline . WGL Holdings Inc - WGL Midstream now owns a 10 percent interest in Mountain Valley . WGL Holdings Inc - WGL Midstream now owns 10 percent interest in Mountain Valley, and its estimated aggregate investment is expected to be about $326 million .WGL Midstream acquires additional 3 percent interest in Mountain Valley pipeline.  Full Article

Consolidated Edison reports 2016 Q2 earnings
Thursday, 4 Aug 2016 05:06pm EDT 

Consolidated Edison Inc : Reported Q2 net income of $232 million or $0.78 a share . Qtrly earnings per share $0.78 . Qtrly adjusted earnings per share $0.60 . Consolidated Edison reports 2016 second quarter earnings . For year 2016, company reaffirmed its previous forecast of adjusted earnings per share of $3.85 to $4.05 per share. . Consolidated Edison qtrly adjusted earnings per share and adjusted earnings $0.60 .Q2 earnings per share view $0.69, revenue view $2.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Exelon says unit to acquire retail electricity and natural gas business from ConEdison Solutions
Wednesday, 27 Jul 2016 08:30am EDT 

Exelon Corp : Constellation acquiring retail electricity and natural gas business from Conedison Solutions . Terms of agreement were not released . Conedison Solutions' retail electricity and natural gas business will operate under constellation brand after a post-closing transition period .Residential and commercial customers of Conedison Solutions' retail electricity and natural gas business to experience no disruption from deal.  Full Article

NY's Con Ed activates program to save power during heat wave
Tuesday, 26 Jul 2016 11:34am EDT 

New York electric company Consolidated Edison activated a program on Tuesday to reduce power demand as customers cranked up their air conditioners to escape the lingering heat wave baking the Big Apple. : Con Ed forecast demand for power could reach about 11,800 megawatts on Tuesday and 11,500 MW on Wednesday, which is near the highest levels seen so far in 2016, but falls short of peak usage on Friday and Monday. . Peak demand on Monday hit 12,075 MW, which fell short of Friday's 12,124 MW high for the year. . Con Ed said Monday's peak did not top Friday's as was previously forecasted in part because thunderstorms late in the day briefly cooled the New York City and Westchester service area. [nL1N1AB0P4] . The company's all-time peak was 13,322 MW set on July 19, 2013. . Participants in Con Ed's demand response programs, which the company activated on Monday and Tuesday, can reduce power usage by about 220 MW by turning off elevators, lights and raising air conditioner thermostats, the company said. (Reporting by Scott DiSavino) ((scott.disavino@thomsonreuters.com; +1 646 223-6072; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)) Keywords: USA NEW YORK/POWER HEATWAVE.  Full Article

Consolidated Edison declares common stock dividend
Thursday, 21 Jul 2016 02:10pm EDT 

Consolidated Edison Inc : Con Edison declares common stock dividend .Declared a quarterly dividend of 67 cents a share.  Full Article

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