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Utilities Up as Senate Advances Climate Bill — Utilities Roundup

Shares of power producers surged after reports that the Senate was moving forward with a bill that would support investment in sustainable energy.

The climate-change and health-care stimulus package would allocate roughly $369 billion to be spent on climate and energy programs.

EDP-Energias de Portugal SA said earnings fell in the first half amid drought in its home market and higher investment in renewable-energy capacity.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 28, 2022 17:17 ET (21:17 GMT)

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