Utilities have been busy this past week, making moves to maximize profit potential. With nuclear and coal closures accompanying expanded transmission projects, here's what you need to know to stay on top of your dividend stocks' latest moves.
AGL Resources (NYSE: GAS) announced that its New Jersey regulators have given the thumbs-up to a $115 million natural gas infrastructure improvement project. Westar Energy (NYSE: WR) got the go-ahead to spend $66 million on an electric transmission project to increase reliability and efficiency in the area. Duke Energy (NYSE: DUK) announced that it has reached an agreement with several major environmental groups over air permits at its Indiana Edwardsport coal-fired power plant. Entergy (NYSE: ETR) announced that it'll take a $240 million hit to put a Vermont nuclear facility into early retirement.
Source: Motley Fool
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Posted by D4L | Friday, September 13, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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