Built by oil’s riches, Houston goes 100 per cent green years earlier than planned

Friday, 22 May 2020, 17:45:41
The U.S.’s greenest city will begin a new five-year contract in July with NRG Energy Inc. to power all of its city-owned properties, from fire stations to airports, with renewable energy.
— The Star

Morgan Stanley just published a comprehensive guide to utility investing — and handpicks 12 energy stocks to buy now

Saturday, 16 May 2020, 11:07:00
Electricity demand is projected to fall by 5% this year in the wake of the coronavirus pandemic. Coronavirus has caused near-term volatility among utility stocks, but Morgan Stanley says investors should look through the noise. The bank recommends investing in utility stocks that are low-risk and undervalued or high-risk and “deeply undervalued.” It lays out four drivers of outperformance including a “second wave” of renewable energy that promises to wipe out many of the country’s coal plants. Visit Markets Insider to view the latest on oil prices . Utilities have long been considered safe havens for investors. They provide essential products like electricity and gas — which people need even in a downturn — and typically they offer high dividends. But what happens when demand for electricity drops off? In the wake of a pandemic that closed large swaths of the country, US demand for electricity was down as much as 14% in some cities last month. For the year, analysts at Morgan Stanley led by Stephen Byrd expect power demand to be down by about 5% overall.
— Business Insider

Newrange Gold Closes Sale of Colombian Subsidiary

Friday, 8 May 2020, 13:12:58
Newrange Gold is pleased to announce that it has signed a definitive Share Purchase Agreement for the sale of the Company’s wholly owned Colombian subsidiary, Corporacion Minera de Colombia and all remaining assets to a private Australian company, Andean Mining Corporation Pty Ltd. The post Newrange Gold Closes Sale of Colombian Subsidiary appeared first on Investing News Network .
— Investing News Network

NRG Energy (NRG) Q1 Earnings Lag Estimates, Revenues Down Y/Y

Thursday, 7 May 2020, 16:32:00
NRG Energy’s (NRG) first-quarter 2020 earnings improve on a year-over-year basis.
— Zacks Investment Research

What’s in the Cards for NRG Energy’s (NRG) Q1 Earnings?

Tuesday, 5 May 2020, 16:46:00
NRG Energy (NRG) to report its first-quarter 2020 results in May 7.
— Zacks Investment Research