Welcome to our dedicated page for Pinnacle West Capital Corporation news (Ticker: PNW), a resource for investors and traders seeking the latest updates and insights on Pinnacle West Capital Corporation stock.
Pinnacle West Capital Corporation (symbol: PNW) is a prominent energy holding company based in Phoenix, Arizona. With a history spanning over 120 years, Pinnacle West and its affiliates are dedicated to providing energy and energy-related products and services to a wide customer base throughout Arizona. The company boasts consolidated assets of approximately $11 billion.
Arizona Public Service (APS), Pinnacle West's largest affiliate, plays a significant role in the energy landscape of the Southwest. APS generates, sells, and delivers electricity to more than 1.4 million customers spread across 11 of Arizona’s 15 counties. It operates and co-owns the Palo Verde Nuclear Generating Station®, the largest nuclear power plant in the United States, which is a major source of electricity for the region. APS owns or leases over 6 gigawatts of power generation capacity, with about 50% of the electricity it supplies coming from clean energy sources, including nuclear power.
Beyond APS, Pinnacle West's other affiliates include the Suncor Development Company, which focuses on developing residential, commercial, and industrial real estate projects, APS Energy Services, a retail energy service provider, and the El Dorado Investment Company, a venture capital and investment firm. The diverse portfolio of businesses under Pinnacle West underscores its commitment to fostering growth and innovation within the energy sector.
In recent years, Pinnacle West has made significant strides in advancing clean energy initiatives and modernizing its infrastructure to meet the evolving energy needs of its customers. The company remains financially robust, continually exploring new partnerships and projects to enhance its service offerings and operational efficiency.
For those looking to stay informed about Pinnacle West's performance, latest developments, and company news, this page offers updated information on their activities and achievements.
FAQ
What is the current stock price of Pinnacle West Capital Corporation (PNW)?
What is the market cap of Pinnacle West Capital Corporation (PNW)?
What does Pinnacle West Capital Corporation do?
Who is Arizona Public Service (APS)?
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What is the Palo Verde Nuclear Generating Station?
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How much power generation capacity does APS own or lease?
What percentage of APS's electricity comes from clean energy sources?
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What kind of projects does Suncor Development Company focus on?
What is the role of El Dorado Investment Company?
