Spire's (SR) fiscal first-quarter earnings are better than expected and it raises its earnings projections for fiscal 2023, citing the strong performance of its Gas Marketing segment.
PSEG (PEG) is set to divest its 25% equity stake in the Ocean Wind 1 offshore project to ??rsted.
The partnership is a part of Stellantis's goal to achieve "carbon net zero globally" by 2038 and comes at a time when businesses are under pressure to cut their environmental impact. It will help reduce the automaker's carbon emissions in North America by half and across its manufacturing facilities by 30% by 2026. Earlier this year, Ford Motor Co also signed a pact with DTE to source solar power for the carmaker's operations.