New Appointments, Rate Negotiations and Approvals, and New Contracts Committed to Expansion and Efficiency- Research Report on AES, UNS, Hawaiian Electric, Endesa Chile, and IDACORP Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, June 27, 2013 NEW YORK, June 27, 2013 /PRNewswire/ -- Today, Wall Street Reports announced new research reports highlighting The AES Corporation (NYSE: AES), UNS Energy Corporation (NYSE: UNS), Hawaiian Electric Industries, Inc. (NYSE: HE), Empresa Nacional de Electricidad (NYSE: EOC), and IDACORP, Inc (NYSE: IDA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. The AES Corporation Research Report On June 21, 2013, The AES Corporation (AES) announced that the former CEO and Chairman of PPL Corporation, James Miller has been appointed to the AES Board of Directors, effective from June 20, 2013. "Jim brings to AES' Board substantial experience in the energy industry, both in the US and internationally, including in regulated utilities and competitive power markets," said Charles Rossotti, Chairman of the Board of AES. The Company informed that Mr. Miller has more than 35 years of experience in the energy industry and served as the Chairman of PPL Corporation from 2006 until his retirement in March 2012. The Full Research Report on The AES Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4376_AES] -- UNS Energy Corporation Research Report On June 11, 2013, Tucson Electric Power (TEP), a subsidiary of UNS Energy Corporation (UNS), announced that the Arizona Corporation Commission (ACC) has approved new rates for the Company's customers, with effect from July 1, 2013. Earlier in 2013, TEP and ACC entered into a settlement agreement that was endorsed by more than a dozen groups, including representatives of customers, low-income residents, organized labor and others. TEP stated that the new rates include its first base rate increase since 2008, and will allow the Company to recover costs of investments that have resulted in greater system reliability and improved safety performance. According to TEP, the average monthly bill of a residential customer with average usage of about 800 kilowatt hours (kWh) is expected to increase by less than $4. "Our new, simplified rate structure will help to reduce confusion and allow our customers to more easily choose the best rate options for their lifestyles," said Paul Bonavia, Chairman and CEO of TEP and UNS. The Full Research Report on UNS Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b9a1_UNS] -- Hawaiian Electric Industries, Inc. Research Report On June 19, 2013, Hawaiian Electric Company (HECO), a subsidiary of Hawaiian Electric Industries, Inc. (Hawaiian Electric), announced that it has sought permission from the Public Utilities Commission (PUC) to negotiate with five proposed projects that could provide low-cost electricity for Oahu. Upon approval, Hawaiian Electric informed that it will negotiate power purchase agreements directly with the developers of the five projects and expects to negotiate long term, 20-year contracts with each project. "These projects represent an important first step as we are starting to see lower market prices for renewable energy," said Scott Seu, Vice President for Energy Resources and Operations at Hawaiian Electric. Based on preliminary estimates, the Company expects the combined effect of all five of these projects to reduce generation costs by approximately $7.4 million a year, compared to the current cost of generation. The Company's goal is to have as many of these projects as possible in service by the end of 2015. The Full Research Report on Hawaiian Electric Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/678c_HE] -- Empresa Nacional de Electricidad Research Report On June 4, 2013, Empresa Nacional de Electricidad (Endesa Chile) announced that it has reached an agreement with BG LNG Trading LLC (BG) on the main issues relating to the LNG supply contract which BG provides to the Company through LNG Chile - the Flexible LNG Sale and Purchase Agreement (Flex SPA), signed on May 31, 2007. Endesa Chile believes that this agreement will be a major contribution to strengthening its LNG operations in Chile and South America, and at the same time enhancing its future projects for the use of this fuel in the region. The Company stated that the wording of the new clauses and amendments to the Flex SPA is expected to take about four to six weeks and will be subject to the approval of the decision-making bodies of Endesa Chile and BG. The Full Research Report on Empresa Nacional de Electricidad - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a4bb_EOC] -- IDACORP, Inc. Research Report On June 20, 2013, IDACORP, Inc. (IDACORP) announced the election of Bob Tintsman as the new independent Chairman of the Boards of IDACORP and Idaho Power Company. The Company informed that immediately prior to the IDACORP's annual shareholders meeting, former Chairman Gary G. Michael retired from the Boards of both Companies. "I am confident Bob will be an excellent Chairman of our Boards, and appropriate successor to Gary," said J. LaMont Keen, President and CEO of IDACORP and CEO of Idaho Power Company. "He has brought tremendous value to IDACORP and Idaho Power during his tenure as a director, and his proven business acumen and knowledge of a wide variety of disciplines, including construction, allow him to share valuable insights to advance the Companies' business strategy, especially in the area of our ongoing large infrastructure projects." Full Research Report on IDACORP, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/d3c0_IDA] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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New Appointments, Rate Negotiations and Approvals, and New Contracts Committed to Expansion and Efficiency- Research Report on
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