Asset SalesThe $450M monetization of a 17.5% stake in its captive insurer, AGIC, was a surprising and creative move that helps de-risk its 2025 asset sale target.
Cost ManagementManagement came with a thoughtful, credible plan to manage a challenging set of near-term circumstances, boosting cash flow and EBITDA by cutting costs, prioritizing higher margin projects, and keeping some coal plants online for longer.
Financial PerformanceManagement reaffirmed all of financial targets for '25 and '27.