Previous close | 17.01 |
Open | 16.76 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 16.69 - 16.83 |
52-week range | 14.55 - 18.15 |
Volume | |
Avg. volume | 350,986 |
Market cap | 40.722B |
Beta (5Y monthly) | 0.93 |
PE ratio (TTM) | 17.89 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.55 (9.10%) |
Ex-dividend date | 02 May 2024 |
1y target est | N/A |
A combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday attracted bids from at least four developers, including units of European energy firms Iberdrola and Orsted. The U.S. offshore wind industry is showing signs of a comeback this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and taking roughly $9.1 billion in write-offs and impairments on projects. So far, Avangrid, Orsted, Vineyard Offshore and SouthCoast Wind have made proposals in the tri-state auction, which is expected to play a critical role in federal and state plans to decarbonize the power grid and help mitigate climate change.
Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola, Engie and Orsted . The U.S. offshore wind industry is booming so far in 2024, with several projects in various stages of development and construction, after a disastrous last year that saw developers cancel contracts and take roughly $9.1 billion in write-offs and impairments. So far, Avangrid and Copenhagen Infrastructure Partners' Vineyard Offshore confirmed to Reuters that they planned to bid in the tri-state auction for offshore wind, which is expected to play a critical role in U.S. plans to decarbonize the power grid and combat climate change.
INSW, RCL and ENGIY made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 8, 2023.