Entergy Provides Preliminary Third Quarter Earnings Guidance Reflecting Effects of Hurricanes Gustav and Ike

Entergy Corporation indicated that it expects third quarter 2008 as-reported earnings of approximately $2.40 per share and operational earnings of $2.49 per share compared to as-reported and operational results of $2.30 per share in third quarter 2007. As-reported results are prepared in accordance with generally accepted accounting principles and are... 

American Electric Power Selects Ventyx Enterprise Asset Management Solution

Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced that American Electric Power, the largest electricity generator in the United States, has committed to upgrade their enterprisewide work management and supply chain systems to the latest version of Asset Suite from Ventyx. AEP is one of... 

Crosstex Energy Provides Operational Assessment of Texas and Louisiana Facilities after Hurricane Ike

Crosstex Energy, L.P. announced that the majority of its assets in Texas and Louisiana sustained minimal physical damage as a result of Hurricane Ike. Most of the Partnership’s facilities along the Gulf Coast are resuming or have resumed operations. However, the Sabine plant, because of its proximity to the Louisiana Gulf coast, sustained some damage... 

Entergy Only U.S. Utility Selected to World Index for Third Consecutive Year

The Dow Jones Sustainability Indexes again named Entergy Corporation to its exclusive Dow Jones Sustainability World Index and Dow Jones Sustainability North American Index for 2008-2009. For the third year in a row, Entergy was the only U.S. utility selected to the world index. The Dow Jones Sustainability Indexes follow a best-in-class approach and... 

Westar Energy Sends Crews to Kentucky to Assist E.ON U.S. With Power Restoration Efforts

Westar Energy crews are heading east to help E.ON U.S. with power restoration from outages caused by intense winds as remnants of Hurricane Ike pushed through the state. E. ON U.S., based out of Louisville, Ky., owns and operates Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). Remnants of Ike caused power outages... 

Progress Energy Sending Crews, Contractors to Assist in Ike Restoration

Progress Energy is sending more than 800 company and contract workers from the Carolinas and Florida to Texas to assist utilities there with expected damage and power outages from Hurricane Ike. The company’s deployment of 385 employees and 437 contract personnel is larger than deployments made in support of utilities in Louisiana and Texas after... 

Titan Energy Worldwide, Inc. Announces Series of Event Dates and Product Demonstrations

Titan Energy Worldwide, Inc., a leader in the manufacturing, sales and service of power generation equipment, announced today the schedule for a series of upcoming events and live demonstrations planned in cooperation with military partners and its national distribution network to promote its product line of standby and emergency power generation equipment... 

Entergy’s Louisiana Utilities to Hit 70 Percent Restoration Mark Sunday Night

Entergy Corporation’s Louisiana utilities expect to have power restored to 70 percent of Louisiana customers affected by Hurricane Gustav by Sunday night. Entergy New Orleans, Inc. had restored power to 96 percent of its customers by 11:30 a.m. Sunday. Entergy Gulf Utilities Louisiana, L.L.C. estimated more than 60 percent of Baton Rouge metro... 

Entergy’s Pace of Gustav Restoration Hits Record Level

Entergy Corporation utilities are restoring power to customers affected by Hurricane Gustav at the fastest rate in the company’s history. “We have restored power to more customers in four days than we ever have before. Our restoration rate surpasses that accomplished following either hurricanes Katrina or Rita,” said Randy Helmick,... 

ITC Sends Crews to Assist With Power Restoration in Hurricane-Ravaged Gulf Coast Communities

ITC Holdings Corp. has sent emergency field crews from its Michigan and Iowa operations to Louisiana to assist with power restoration efforts in the aftermath of Hurricane Gustav. The Gulf Coast storm, which hit Monday, has left more than 1.9 million residents in Louisiana without electricity. More than 90,000 households in neighboring Mississippi are...