Electric Utilities Announce Service Agreements, Dividends, and Earnings Results - Research Report on IDACORP, Cleco, HEI, UNS

   Electric Utilities Announce Service Agreements, Dividends, and Earnings
Results - Research Report on IDACORP, Cleco, HEI, UNS Energy, and Black Hills

PR Newswire

NEW YORK, September 9, 2013

NEW YORK, September 9, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports IDACORP, Inc. (NYSE:
IDA), Cleco Corporation (NYSE: CNL), Hawaiian Electric Industries, Inc. (NYSE:
HE), UNS Energy Corporation (NYSE: UNS), and Black Hills Corporation (NYSE:
BKH). Today's readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the links below.

IDACORP, Inc. Research Report

On August 1, 2013, IDACORP, Inc. (IDACORP) reported Q2 2013 financial results.
In Q2 2013, the Company's total operating revenue was $303.9 million, up 19.3%
YoY. Q2 2013 net income attributable to the Company was $45.5 million, or
$0.91 per diluted share, compared with $35.3 million, or $0.71 per diluted
share, in Q2 2012. "The strong second quarter resulted from improved operating
results due to sustained focus on our core business combined with impacts of
drier and warmer than normal weather conditions," said LaMont Keen, President
and CEO of IDACORP. Keen added, "We successfully operated through a hot, dry
quarter that brought significant usage from irrigation pumping and air
conditioning. The increased usage helped boost our operating and financial
performance this year. We continue to see warmer than normal conditions beyond
the quarter as triple-digit temperatures persist throughout our service
territory. On July 1 and 2, Idaho Power reached consecutive record overall
peak-hour average system loads of 3,402 and 3,407 megawatts, respectively,
breaking the record set last July of 3,245 megawatts." The 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.investorsreports.com/report/2013-09-04/IDA]

--

Cleco Corporation Research Report

On August 7, 2013, Cleco Corporation (Cleco) announced that its subsidiary,
Cleco Power LLC (Cleco Power), has reached a 20-year agreement with the City
of Alexandria, approving the Company to provide capacity, energy, and market
participant services to the city. Upon receiving final approval from the
Alexandria City Council, the new agreement will be effective after the
expiration of the current contract that ends in summer of 2015. "This contract
follows the wholesale model we have designed for our utility's growth
strategy, and also provides a platform for the city's long-term planning for
future power needs," said Darren Olagues, President of Cleco Power. The Full
Research Report on Cleco Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-09-04/CNL]

--

Hawaiian Electric Industries, Inc. Research Report

On August 8, 2013, Hawaiian Electric Industries, Inc. (HEI) reported Q2 2013
financial results. In Q2 2013, the Company's revenues totaled $796.7 million,
down 6.7% YoY. Consolidated net income for common stock in Q2 2013 was $40.6
million, or $0.41 per diluted share, compared with $38.8 million, or $0.40 per
diluted share, in Q2 2012. "HEI's stable financial results in the quarter were
consistent with our expectations. Higher bank earnings compared to the same
quarter last year helped offset slightly lower utility earnings which were
primarily driven by a customer refund recorded in the quarter," said Constance
H. Lau, President and CEO of HEI. 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.investorsreports.com/report/2013-09-04/HE]

--

UNS Energy Corporation Research Report

On August 2, 2013, UNS Energy Corporation (UNS Energy) announced that its
Board of Directors has declared a third quarter dividend of c.$0.44 per share.
The dividend is payable on September 25, 2013, to common shareholders of
record as of September 3, 2013. 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.investorsreports.com/report/2013-09-04/UNS]

--

Black Hills Corporation Research Report

On September 4, 2013, Black Hills Corporation (Black Hills) announced that it
will now provide natural gas service to 56 customers in Agenda, Kansas, after
closing on the purchase of the town's natural gas system. "Our employees look
forward to providing safe, reliable natural gas service to the residents of
Agenda, who will have the immediate support of our entire gas utility team,
access to excellent customer service, and a menu of convenient account
management options," said Lon Meyer, General Manager of Black Hills Energy.
Meyer added, "Black Hills is a strong, stable company, and we are always open
to discussing opportunities for growth and committed to delivering exceptional
value in safe, reliable natural gas service to our customers in communities
throughout Kansas." The Full Research Report on Black Hills Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-09-04/BKH]

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