Press release content from Business Wire. The AP news staff was not involved in its creation.
Rayburn Electric Cooperative Goes Live with PCI’s Cloud Platform to Meet its Member Billing Requirements
April 14, 2021 GMT
HOUSTON (BUSINESS WIRE) Apr 14, 2021
Rayburn Electric Cooperative, (“REC” or “Rayburn Electric”), has gone live with PCI’s Enterprise Platform to manage its member billing and settlement validation requirements in the Electric Reliability Council of Texas (ERCOT) power market.
As part of this new partnership, PCI deployed its specifically tailored, cloud-based, integrated platform to replace Rayburn Electric’s legacy system and several in-house applications. The new Member Billing Solution implemented by PCI, enables Rayburn Electric to:
Press release content from Business Wire. The AP news staff was not involved in its creation.
Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas
March 17, 2021 GMT
DUBLIN (BUSINESS WIRE) Mar 17, 2021
Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Tripp Lite.
Headquartered in Chicago, Illinois, Tripp Lite is a leading supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical and communications markets in the Americas.
“I am delighted to welcome the Tripp Lite team to Eaton,” said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton. “The addition of Tripp Lite’s complementary product offerings will enhance the breadth of our edge computing and distributed IT product portfolio and exp
Press release content from Business Wire. The AP news staff was not involved in its creation.
Schneider Electric Announces 2021 List of Master-level EcoXpert™ Partners in Critical Power & Substation Automation Solutions
February 26, 2021 GMT
BOSTON (BUSINESS WIRE) Feb 26, 2021
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a group of EcoXpert™ partners to achieve Master Level status in Critical Power & Substation Automation for 2021. These companies represent the most innovative Schneider Electric partners who leverage the latest in IoT-enabled technology to deliver digitized solutions for management and control of electrical power systems.
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The award-winning EcoXpert Partner Program is a worldwide network of certified partners with expertise in power management, building optimization and energy efficiency. Its more than 4,000 members hail from over 75 countries and represent the world’s lead
Press release content from Business Wire. The AP news staff was not involved in its creation.
Eversource Energy Reports Full Year 2020 Results
February 16, 2021 GMT
HARTFORD, Conn. & BOSTON (BUSINESS WIRE) Feb 16, 2021
Eversource Energy (NYSE: ES) today reported full-year 2020 earnings of $1.205 billion, or $3.55 per share, compared with 2019 earnings of $909.1 million, or $2.81 per share. Results for 2020 include after-tax costs of $32.1 million, or $0.09 per share, related to the acquisition of the assets of Columbia Gas of Massachusetts. Results for 2019 include a charge of $204.4 million, or $0.64 per share, related to the Northern Pass Transmission (NPT) project.
In the fourth quarter of 2020, Eversource Energy earned $271.9 million, or $0.79 per share, compared with earnings of $250 million, or $0.76 per share, in the fourth quarter of 2019. Results for the fourth quarter of 2020 include after-tax costs of $19.3 million, or $0.06 per share, related to the Columbia Gas ass