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Pinnacle West Capital Corporation (PNW) provides essential energy services to Arizona through its regulated utility operations and diversified investments. This news hub offers investors and stakeholders centralized access to official announcements, financial disclosures, and strategic developments from the parent company and its subsidiaries.
Track key updates including quarterly earnings reports, regulatory filings with state commissions, infrastructure investments, and clean energy initiatives. The curated collection features press releases on operational milestones, leadership changes, and service territory expansions alongside analysis of rate case decisions impacting Arizona consumers.
Discover timely information about APS's grid modernization efforts, renewable energy projects, and reliability improvements. Content spans financial performance metrics, dividend declarations, and capital expenditure plans while maintaining compliance with SEC disclosure standards.
Bookmark this page for direct access to primary source materials from one of the Southwest's most established energy providers. Check regularly for updates on nuclear facility operations, solar energy partnerships, and regulatory developments shaping Arizona's power landscape.
Arizona utilities including APS (NYSE:PNW), SRP, TEP, UniSource, and City of Mesa have announced commitment plans for Transwestern Pipeline's Desert Southwest expansion project. The new natural gas pipeline will transport gas from the Permian Basin in West Texas to Arizona by late 2029.
APS and SRP have already executed agreements with Transwestern, while the City of Mesa, TEP, and UniSource are finalizing negotiations. The project addresses Arizona's growing energy needs, as all existing interstate pipelines serving Arizona are currently fully subscribed. The new infrastructure will support reliability during peak demand periods and complement the integration of renewable energy sources.
The initiative aims to maintain grid reliability as Arizona experiences unprecedented growth, with utilities planning significant expansion of generating resources. For instance, SRP plans to at least double its generating resources in the next 10 years to meet increasing energy demand in the Phoenix metropolitan area.
Pinnacle West (NYSE: PNW) reported Q2 2025 consolidated net income of $192.6 million, or $1.58 per diluted share, down from $203.8 million, or $1.76 per share, in Q2 2024. The decrease was primarily due to milder weather conditions, with 15.4% fewer cooling degree-days compared to 2024.
Despite lower earnings, the company demonstrated strong operational performance with customer growth of 2.4% and sales growth of 5.2%. APS set a new all-time peak demand record of 8,527 megawatts on July 9, 2025. The company maintains its 2025 earnings guidance of $4.40 to $4.60 per diluted share on a weather-normalized basis.
Notably, PNW is updating its environmental goals from "zero-carbon" to "carbon-neutral" by 2050, removing interim targets to focus on reliability and affordability. Currently, 54% of APS's energy mix comes from clean resources.
Pinnacle West Capital Corp. (NYSE: PNW) has scheduled the release of its 2025 second-quarter financial results for Wednesday, August 6, 2025, before U.S. markets open. The company will host a webcast and conference call at 12:00 PM ET (9:00 AM Arizona time) to discuss the results.
Pinnacle West, a Phoenix-based energy holding company, operates with $27 billion in consolidated assets, 6,500 megawatts of generating capacity, and serves approximately 1.4 million Arizona customers through its subsidiary Arizona Public Service.
Pinnacle West Capital (NYSE: PNW) has declared a quarterly dividend of $0.895 per share of common stock, payable on June 2, 2025, to shareholders of record as of May 5, 2025.
The company will release its 2025 first-quarter financial results on May 1, 2025, before U.S. markets open, followed by a management webcast and conference call at noon ET. Pinnacle West, a Phoenix-based energy holding company, maintains consolidated assets exceeding $27 billion, approximately 6,500 megawatts of generating capacity, and employs about 6,400 people across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, the company provides retail electricity to approximately 1.4 million Arizona customers.
Pinnacle West Capital (NYSE: PNW) has scheduled the release of its 2025 first-quarter financial results for Thursday, May 1, 2025, before U.S. markets open. The company will host a webcast and conference call at noon ET (9 a.m. Arizona time) to discuss the results.
The energy holding company, based in Phoenix, maintains consolidated assets exceeding $26 billion, approximately 6,500 megawatts of generating capacity, and a workforce of about 6,400 employees across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, Pinnacle West provides retail electricity service to approximately 1.4 million Arizona homes and businesses.
Arizona Public Service (APS) has deployed new artificial intelligence (AI) smoke-detection cameras to enhance wildfire detection and emergency response capabilities. The system includes over 30 AI cameras installed across various Arizona locations, including Flagstaff, Payson, Prescott, Sedona, north Phoenix, and southeastern Arizona.
The Pano AI technology features smart AI that can detect fire smoke within a 10-mile range, connected satellite data for fire size and location information, and 24/7 live streaming with 360-degree ultra-high-definition views. Recent successful implementations include the detection of the Horton Fire in December 2024 and the Brady Fire in February 2025.
APS's comprehensive wildfire mitigation strategy includes partnerships with federal land managers, regular power line inspections, preventative upgrades, and vegetation management across their 38,000-mile power line network. The company serves approximately 1.4 million homes and businesses in Arizona and aims to achieve 100% clean power by 2050.
Pinnacle West Capital Corp. (NYSE: PNW) reported consolidated net income of $608.8 million, or $5.24 per diluted share, for full-year 2024, compared to $501.6 million ($4.41 per share) in 2023. The company reported a Q4 2024 net loss of $6.8 million (-$0.06 per share).
The improved annual results were driven by new customer rates, increased customer usage (5.7% retail sales growth), robust customer growth (2.1%), and exceptionally hot summer weather. These positive factors were partially offset by higher operations and maintenance expenses, increased depreciation, higher interest charges, and higher income taxes.
To meet growing demand, especially from commercial and industrial customers including semiconductor plants and data centers, APS plans to add 9,805 megawatts of renewable power, battery storage and natural gas between 2025-2028. For 2025, Pinnacle West estimates consolidated earnings of $4.40 to $4.60 per diluted share on a weather-normalized basis.
Pinnacle West Capital (NYSE: PNW) has scheduled the release of its 2024 fourth-quarter and full-year financial results for Tuesday, February 25, 2025, before U.S. market opening. Management will host a webcast and conference call at 11 a.m. ET to discuss the results and recent developments.
The company, based in Phoenix, is an energy holding company with over $26 billion in consolidated assets, approximately 6,500 megawatts of generating capacity, and 6,100 employees across Arizona and New Mexico. Through its main subsidiary, Arizona Public Service, it provides retail electricity to about 1.4 million Arizona customers.
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