Strong Start to Fiscal 2025
First quarter 2025 earnings of $0.83 per share, up from $0.62 per share in the first quarter of 2024, despite warmer-than-normal temperatures impacting sales.
Significant Growth in Demand
Fully executed energy service agreements (ESAs) totaling 2.1 gigawatts of demand, representing a greater than 30% increase in peak demand.
Updated Capital Expenditure Plan
CapEx plan for 2025 through 2028 increased by approximately $600 million, translating into a 2024 to 2028 forecasted investment CAGR of nearly 11%.
Data Center Agreements
Continued momentum with data center agreements, including an additional 800 megawatts of demand, contributing to economic development.
Safe Harboring Strategy
100% of the renewable and energy storage CapEx in the plan is safe harbored through 2028, mitigating risks related to policy changes.