Latest news with #powergenerator
Bloomberg
05-08-2025
- Business
- Bloomberg
India's Top State Green Energy Firm Mulls First Local Bond Sale
NTPC Green Energy Ltd., India's most valuable state-run green energy firm, is considering its first local-currency bond sale, according to people familiar with the matter, joining a wave of companies tapping into lower funding costs. A unit of the nation's largest power generator, the company is weighing an issuance of 20 billion rupees ($228 million) to 30 billion rupees through five- or 10-year note, the people said, asking not to be identified as the details are private. The renewable-energy firm is expected to finalize the sale and approach the market after the Reserve Bank of India's policy rate decision on Wednesday, they said.
Yahoo
25-07-2025
- Business
- Yahoo
What to Expect From Vistra's Q2 2025 Earnings Report
With a market cap of $64.2 billion, Vistra Corp. (VST) is the largest competitive power generator in the U.S., operating a diverse portfolio of natural gas, nuclear, coal, solar, and battery storage assets. Headquartered in Texas, Vistra also serves around 5 million retail electricity and gas customers across the country. The power generator titan is expected to post its Q2 2025 earnings before the market opens on Thursday, Aug. 7. Ahead of this event, analysts expect Vistra to report a profit of $1.32 per share, representing a notable growth of 46.7% from $0.90 per share reported in the same quarter last year. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. More News from Barchart NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Is Opendoor Stock a Buy at New 52-Week Highs? Billionaire Peter Thiel is Betting Big on Stablecoins. Should You Buy the "MicroStrategy of Ethereum," Too? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Analysts forecast VST to report an EPS of $6.42 this year, marking an 8.3% decline from $7 reported in fiscal 2024. However, in fiscal 2026, its earnings are expected to rebound 24.6% year-over-year to $8 per share. Over the past year, VST stock has delivered exceptional performance, soaring 149.9%, significantly outpacing the S&P 500 Index's ($SPX) 14.5% gain and the Utilities Select Sector SPDR Fund's (XLU) 20.1% returns during the same time frame. However, on Jul. 1, shares of Vistra fell 4.1% after a Wall Street Journal report cast doubt on the feasibility of a U.S. nuclear power revival, a key driver behind Vistra's recent robust stock surge. The company had gained from investor optimism tied to soaring AI-driven electricity demand and former President Trump's pledge to fast-track nuclear approvals. However, the Journal noted that speeding up nuclear reactor approvals from five years to 18 months may be unrealistic, and that growth in nuclear capacity is more likely to come from extending existing reactor licenses or restarting shut-down plants. Nonetheless, analysts' consensus view on VST remains highly upbeat, with a "Strong Buy" rating overall. Among the 15 analysts covering the stock, 13 suggest a "Strong Buy," and two recommend a 'Hold' rating. The stock currently trades above its mean price target of $188.90. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Reuters
27-06-2025
- Business
- Reuters
German's LEAG indefinitely postpones green hydrogen project
BERLIN, June 27 (Reuters) - German coal miner and power generator LEAG on Friday said it was postponing plans for a 110 megawatt green hydrogen production plant in the eastern state of Saxony, saying political and economic conditions for the plant did not develop as expected. "We are currently postponing plans for hydrogen production in Boxberg and initially shifting our focus to other technologies for the generation, storage, and flexible provision of electricity," a spokesperson for the company told Reuters, confirming an earlier report by Hydrogen Insight.
