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The Wells Fargo Daily Transmission: DUK, UGI, NWN, SPP, IN/Data Centers, PPL, EXC, POR, ED, SWX
Research evidence excerpt
The Wells Fargo Daily Transmission: DUK, UGI, NWN, SPP, IN/Data Centers, PPL, EXC, POR, ED, SWX
Equity Research
Industry Update — May 12, 2026
Utilities and Power
The Wells Fargo Daily Transmission: DUK,
UGI, NWN, SPP, IN/Data Centers, PPL, EXC,
POR, ED, SWX
Today's News Flow: Shahriar (Shar) Pourreza, CFA
For our LDC Launch, Please See: Launching on Gas LDCs and Further Rounding Out Equity Analyst | Wells Fargo Securities, LLC
Electric Utility/IPPCoverage; It’s Not All About the Electrics! Shahriar.Pourreza@wellsfargo.com | 212-214-5422
Constantine Lednev
DUK – Applies for federal loans to help strengthen power grid in the Carolinas Equity Analyst | Wells Fargo Securities, LLC
UGI – AmeriGas prices $500M of 6.875% senior notes due 2031; proceeds to refinance Constantine.Lednev@wellsfargo.com | 212-214-5438
Alexander Calvertnear-term maturities
Associate Equity Analyst | Wells Fargo Securities, LLC
NWN – S&P assigns ‘A-’ issuer credit rating to NW Natural Water Co.; outlook stable Alexander.J.Calvert@wellsfargo.com | 212-214-5434
Whitney Mutalemwa
SPP – Summer reliability outlook remains constructive despite hotter, drier forecast Associate Equity Analyst | Wells Fargo Securities, LLC
IN/Data Centers – Public-interest groups urge local moratoriums on new data centers Whitney.Mutalemwa@wellsfargo.com | 212-214-6428
Anders Myhre
PPL- Moody’s affirms PPL’s credit ratings puts parent and RI opco on negative outlook Associate Equity Analyst | Wells Fargo Securities, LLC
Anders.S.Myhre@wellsfargo.com | 212-214-6409
EXC/DC – DCPSC Sets Evidentiary Hearing in Pepco Multi-Year Rate Case After Court Andrew Kadavy
Remand Associate Equity Analyst | Wells Fargo Securities, LLC
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