pinnacle west capital maintains neutral rating amid power generation expansion

Pinnacle West Capital Corporation, a major player in the power sector, has received a neutral rating from UBS.

The company is involved in power generation, transmission, and distribution, and has a strong infrastructure and operational capacity. Pinnacle West currently operates 56 power plants with a total generation capacity of 6,491 megawatts.

In terms of distribution, the company manages an extensive network of overhead and underground lines, spanning a total of 18,167.9 kilometers and 37,987 kilometers, respectively. Additionally, its transmission network includes 9,385.7 kilometers of overhead lines and 136.8 kilometers of underground lines, highlighting its significant role in the energy landscape.

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