Blackstone Generation Joint VentureA joint venture with Blackstone to build flexible generation and storage is positioned to serve strong data center demand in the region and could deliver incremental earnings not yet reflected in the share price.
Pennsylvania Rate-case SettlementApproval of the Pennsylvania rate-case settlement would resolve a major regulatory overhang by securing allowed revenue, increasing rate transparency, and reducing execution uncertainty for the company.
Valuation And Regulated-growth ProfileAnalyst Outperform ratings citing an attractive valuation, a pure regulated growth strategy, and a strong balance sheet reinforce the stock's appeal as a core utility holding with upside potential.