LNG Development And Infrastructure PortfolioHigh-quality infrastructure assets and ongoing liquefied natural gas development are expected to support earnings growth and cash flow, which could improve valuation if regulatory matters are navigated successfully.
Oncor Capital Spending And Load GrowthA large and growing Oncor capital investment plan, together with unusually strong commercial and industrial load growth driven by data center demand, supports future rate base expansion and potential earnings growth.
Regulatory SettlementRegulatory settlement modestly raises the authorized return on equity and allowed equity ratio while permitting investments placed into service through the test year to be included in the rate base, supporting recovery of recent capital spending and utility returns.