EEI Briefs Wall Street, Highlights $1.1T Grid Investment
“America’s investor-owned utilities are powering our nation. We are investing more than $1.1 trillion over the next four years in the energy grid to ensure adequate transmission and generation to meet the needs of America,” said EEI President and CEO Drew Maloney on the floor of the NYSE ahead of EEI’s Wall Street Briefing.
From left to right: EEI Chief Communications Officer Emily Schillinger, Con Edison Vice President of Communications Carolyn Vadino, Con Edison New York President Matthew Ketschke, EEI President and CEO Drew Maloney, New York Stock Exchange Head of U.S. Listings Tara Dziedzic, EEI Senior Manager of Investor Relations Jacob Moshel, and EEI Executive Director of Government Affairs Kristen Siegele.
EEI President and CEO Drew Maloney, along with other EEI leaders and Con Edison New York President Matthew Ketschke, delivered an energy outlook for Wall Street investors on Thursday after ringing the Opening Bell at the New York Stock Exchange (NYSE).
“America’s investor-owned utilities are powering our nation. We are investing more than $1.1 trillion over the next four years in the energy grid to ensure adequate transmission and generation to meet the needs of America,” said Maloney on the floor of the NYSE ahead of EEI’s Wall Street Briefing. “We’re also seeing demand for more power. We are working closely with state and federal governments to ensure that we provide that power in an affordable and reliable way.”
Maloney and Ketschke were joined by NYSE Head of U.S. Listings Tara Dziedzic, EEI Chief Communications Officer Emily Schillinger, Con Edison Vice President of Communications Carolyn Vadino, and EEI Executive Director of Government Affairs Kristen Siegele as they rung the Opening Bell in celebration of EEI and its member companies delivering the energy of every day, and to recognize the more than 200-year legacy of Con Edison—the longest continuously listed company on the NYSE—serving New York City and the NYSE.
“If you think about the most important engine in America, it’s the electrical grid,” said Maloney. “If the electrical grid is not delivering power, America doesn’t work. We take that responsibility very seriously, and we want to ensure the affordability and reliability of the grid continue for the next 250 years.”
To learn more about how EEI and its member companies are providing the energy of every day and powering American innovation, visit EEI’s website.
