PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp.'s board voted today to raise the Company's dividend by 1.6%, or 6 cents per common share annually.
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.
PHOENIX--(BUSINESS WIRE)--Arizona Public Service (APS) announced today it plans to convert two units at its Cholla Power Plant in Joseph City, Navajo County, Arizona to natural gas. The repurposed resource, with operations beginning in 2029, will help meet the state's growing energy demand while maintaining reliable, affordable electric service for customers.Originally commissioned in 1962, the...
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital declared a quarterly dividend payable on Sept. 1, 2026, to shareholders of record at the close of business on Aug. 3, 2026.
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