Management remarks
Call period: 2026 Q2 · 2026-08-04
Demand and orders: Harry Sideris: To meet this record demand and to continue long-term value for our customers, communities, and shareholders, we're executing on the industry's largest regulated capital plan, deploying more than $1 billion per month.Margins: Harry Sideris: The agreement also retains the earnings sharing mechanism that allows us to earn 50 basis points above the allowed ROE up to 10.3%.Analyst Q&A
Analyst Shahriar Pourreza asked: So Harry, I mean, obviously, you guys are highlighting additional CapEx up to $10 billion. You've got 15 gigawatts in late stages. You're already sort of at the top end of the EPS CAGR. I guess how are you thinking about the 3Q update? Management Harry Sideris answered: We feel very good about our 15 gigawatts pipeline. They're advancing, but these negotiations are taking a little longer at times because they're very complicated transactions. So we want to continue to work through that. We feel very confident we'll be able to land more of those. We're looking at landing all of that 15 gigawatts by the first half of next year, and we're on track to do that. And we'll continue to evaluate where we need to be on our earnings per share growth rate, and we typically update that in the fourth quarter.管理层陈述
电话会期间：2026 Q2 · 2026-08-04
需求与订单：哈里·西德里里斯（Harry Sideris）表示：为了满足此次创纪录的需求并持续为客户、社区和股东创造长期价值，我们正在推进业内规模最大的监管资本计划，每月投入超过10亿美元。利润率：哈里·西德里里斯（Harry Sideris）表示：该协议还保留了收益分享机制，允许我们获得比允许股本回报率高50个基点的收益，最高可达10.3%。分析师问答
分析师沙赫里亚尔·普尔雷扎提问：“哈里，你们提及额外资本支出最高达100亿美元，已有15吉瓦的后期项目，且已处于每股收益复合年增长率的上限。请问如何看待第三季度的更新情况？” 管理层哈里·西德里西斯回应：“我们对15吉瓦的项目储备很满意，项目正在推进，但因交易复杂谈判耗时有时偏长，将继续推进工作，有信心拿下更多项目，有望明年上半年完成全部15吉瓦项目签约，目前进度符合预期。我们会持续评估每股收益增长率目标，通常在第四季度更新相关预期。”This earnings research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报研究基于公司业绩公告、监管文件、财务报表，以及财报电话会议记录或官方回放整理。内容仅供参考，不构成投资建议。
