Pinnacle West Capital Corporation is a major player in the energy industry, specializing in power generation, transmission, and distribution. By the end of 2023, the company operates 56 power plants with a total capacity of 6,491 megawatts, highlighting its significant role in energy production.

Pinnacle West has an extensive power distribution network, consisting of 18,167.9 kilometers of overhead lines and 37,987 kilometers of underground lines. Additionally, the company manages a power transmission network that includes 9,385.7 kilometers of overhead lines and 136.8 kilometers of underground lines, demonstrating its comprehensive capabilities in delivering electricity to consumers.

UBS maintains a neutral stance on Pinnacle West, indicating a cautious outlook on the company's performance in the current market environment.