Xinjiang Daqo releases forecast for FY2023 results
Xinjiang Daqo projects a significant 70% YoY decrease in net profit for FY2023. See the factors behind the company’s downbeat forecast here.
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PNM Resources unveils $230M sale of renewable venture stake
PNM Resources and American Electric Power plan to sell their 50% stake in New Mexico Renewable Development, LLC to Exus North America Holdings for approximately $230 million. The sale supports PNM’s capital investments, with a $115 million share. The sale, expected to close in February 2024, awaits regulatory approvals. KeyBanc Capital Markets advises, and Foley…