AGP Executive Report
Last update: 12 hours agoEnergy Affordability: PURA approved gas discounts of 4% to 71% for eligible households, with the largest reductions going to the lowest-income customers. Utility Results: Eversource reported third-quarter earnings of $346 million, down from $367.5 million a year earlier. Logistics: Greenwich-based GXO posted 5.7% revenue growth to $3.59 billion and $375 million in new business wins, driven in part by demand from data center, aerospace and defense customers. Biotech: New Haven-based Arvinas plans to present preliminary Phase 1 results for its lymphoma drug candidate ARV-393 at December’s ASH meeting. Power Generation: Hull Street Energy completed its acquisition of FirstLight’s 1,400-megawatt Northeast fleet of hydro and pumped-storage assets. Housing and Construction: Gov. Ned Lamont says Connecticut will focus on converting vacant offices, mills and shopping centers into housing, as construction costs rise and demand remains strong.
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