Pinnacle West Capital Corporation, a major player in the energy sector, has been given a neutral rating by UBS.

Pinnacle West is involved in power generation, transmission, and distribution, and has a strong infrastructure in these areas. As of the end of 2023, the company operates 56 power plants with a total generation capacity of 6,491 megawatts.

In terms of power distribution, Pinnacle West manages an extensive network consisting of 18,167.9 kilometers of overhead lines and 37,987 kilometers of underground lines. Additionally, its power transmission capabilities include 9,385.7 kilometers of overhead lines and 136.8 kilometers of underground lines, highlighting its significant role in the energy landscape.