Latest news with #utilitysector
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Florida Entrepreneur Cole Peacock Featured in In-Depth Business
The feature explores Peacock's rise from technical support to utility executive, offering insights for entrepreneurs in Florida, London, and beyond. Cole Peacock, Chief Operating Officer of CDI Utilities and CEO of Watson Capital Group, is the focus of a newly published business feature spotlight that examines his unique path through entrepreneurship, infrastructure innovation, and leadership in Florida's utility sector. The article draws lessons from Peacock's Florida-based experiences and applies them to urban innovation and entrepreneurship in cities like London, UK. Written in a straightforward, practical style, the feature details Peacock's background, career milestones, failures, and philosophies. 'Entrepreneurship isn't about flash—it's about solving real problems,' said Peacock. 'Whether you're building a startup in Miami or running a logistics company in London, the approach is the same: start small, stay accountable, and keep learning.' The feature traces Peacock's journey from his early days in technical support at Tandy Corporation to founding a web hosting company, and ultimately leading CDI Utilities, where he integrates smart grid technology and predictive systems into traditional infrastructure. He also shares lessons from shutting down his first startup and the value of personal goal tracking and resilience. 'This spotlight means a lot to me,' Peacock said. 'I hope my story shows others that you don't need a perfect resume to build something real—you just need to care about fixing things that matter.' Key Highlights from the Article: To read the full feature article on Cole Peacock visit the website here. About Cole Peacock: Cole Peacock is the COO of CDI Utilities and CEO of Watson Capital Group, based in Florida. He is a licensed FAA pilot, a certified network professional, and an inventor with multiple patents focused on smart infrastructure. He is also an active volunteer with the Rotary I Wish Foundation and the Humane Society of Florida. Media Contact Contact Person: Cole Peacock Email: Send Email City: Fort Lauderdale State: Florida Country: United States Website:
Reuters
06-05-2025
- Business
- Reuters
Constellation Energy misses first-quarter profit estimates hit by higher operating costs
May 6 (Reuters) - U.S. utility Constellation Energy (CEG.O), opens new tab missed Wall Street expectations for first-quarter profit on Tuesday, hurt by higher operating and interest expenses, sending its shares down nearly 5% in premarket trading. The company's net income fell around 87% from a year earlier to $118 million in the reported quarter. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Higher-for-longer interest rates can weigh on utilities as it makes investing in the construction and maintenance of critical infrastructure such as electrical grids more expensive. Constellation Energy said interest expenses rose nearly 15% from a year earlier to $146 million in the January-March quarter, while total operating expenses rose 18.5% to $6.34 billion. The company also said its $16.4 billion acquisition of privately held natural gas and geothermal company, Calpine, a deal which faced backlash from consumer groups, was on track to be completed by the end of the year. The utility had defended its planned acquisition of Calpine to the regulators last month. The Baltimore, Maryland-based utility, posted an adjusted profit of $2.14 per share for the three months ended March 31, missing analysts' estimates of $2.22 according to data compiled by LSEG.
