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Operational Updates, Revised Policies, Informative Programs, Leadership Changes, and Financial Results - Research Report on

   Operational Updates, Revised Policies, Informative Programs, Leadership
Changes, and Financial Results - Research Report on Wisconsin Energy, Pinnacle
                  West, CMS Energy, Calpine, and TECO Energy

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

PR Newswire

NEW YORK, November 19, 2013

NEW YORK, November 19, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Wisconsin
Energy Corp. (NYSE: WEC), Pinnacle West Capital Corporation (NYSE: PNW), CMS
Energy Corp. (NYSE: CMS), Calpine Corp. (NYSE: CPN) and TECO Energy, Inc.
(NYSE: TE). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Wisconsin Energy Corp. Research Report

On November 11, 2013, We Energies - trade name of Wisconsin Electric Power
Company and Wisconsin Gas LLC, the principal utility subsidiaries of principal
utility subsidiary of Wisconsin Energy Corp. (Wisconsin Energy) - announced
that the biomass-fueled power plant on the site of Domtar Corporation's
Rothschild, Wisconsin, paper mill began commercial operations on November 8,
2013, following the successful completion of testing and commissioning
activities. Gale Klappa, We Energies Chairman, President and CEO, commented,
"The addition of the biomass plant enables us to produce renewable energy on
demand. That benefit is simply not available with solar or wind generation.
These renewable energy projects -- fueled by Wisconsin resources -- were
developed largely through the talents of Wisconsin companies and Wisconsin
labor." The Full Research Report on Wisconsin Energy Corp. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/3700_WEC

--

Pinnacle West Capital Corporation Research Report

On November 14, 2013, Pinnacle West Capital Corporation (Pinnacle West)
reported that the Arizona Corporation Commission (ACC) has ruled that
Arizona's net metering program must distribute the cost of maintaining a
reliable electrical grid in a fair manner among all APS (the principal
subsidiary of Pinnacle West) customers. Commenting on this ruling, Don Brandt,
APS Chairman, President and CEO said, "The Arizona Corporation Commission has
taken an important step in reforming the state's net metering policy. The ACC
determined that net metering creates a cost shift. We applaud the ACC for
cutting through the rhetoric and focusing on how the cost shift impacts
non-solar customers. We will continue to advocate forcefully for the best
interests of our customers and for a sustainable solar policy for Arizona."
The Full Research Report on Pinnacle West Capital Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/057d_PNW

--

CMS Energy Corp. Research Report

On November 14, 2013, CMS Energy Corp. (CMS Energy) reported that it is
sponsoring a forum to disseminate information to parties interested in a new
program to sell electricity generated by anaerobic digesters. The 2013 Forum
on Anaerobic Digester Production of Energy: New Opportunities for Projects in
Michigan will be hosted by Michigan State University and will take place on
November 26, 2013 at the Okemos Conference Center. The Company informed that
the registration is open until November 20, 2013. The Full Research Report on
CMS Energy Corp. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/fca5_CMS

--

Calpine Corp. Research Report

On November 7, 2013, Calpine Corp. (Calpine) reported that as part of a
planned leadership transition, Calpine's board of directors has named Thad
Hill - the Company's President and Chief Operating Officer, to succeed Jack
Fusco as the Company's CEO. The Company reported that Mr. Fusco will assume
the role of Executive Chairman of the Board of Directors following its annual
meeting of shareholders in May 2014. Commenting on this transition, Hill said,
"I am grateful to Jack for setting an example of disciplined and effective
leadership and to the Board for giving me the opportunity to build on the
progress we have made at Calpine over the last five years. I look forward to
leading our talented workforce toward our vision of being the premier power
generation company in the U.S. while continuing to provide meaningful returns
to our shareholders." The Full Research Report on Calpine Corp. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/7eb1_CPN

--

TECO Energy, Inc. Research Report

On October 31, 2013, TECO Energy, Inc. (TECO Energy) reported its Q3 2013
financial results. Q3 2013 net income was $62.8 million, or $0.29 per share,
versus $44.0 million, or $0.20 per share, in Q3 2012. Net income from
continuing operations was $62.9 million, or $0.29 per share, in Q3 2013,
versus $90.2 million, or $0.42 per share, for Q3 2012. TECO Energy President
and CEO John Ramil said, "This quarter the Florida Public Service Commission
approved our settlement agreement among all of the parties to Tampa Electric's
base rate request. This agreement provides strong visibility to our utility
earnings over the next four years, including 2017 when the Polk conversion
project is expected to be complete, and the opportunity for our utilities to
earn their allowed returns over the period. We are making good progress with
the required approvals for our acquisition of New Mexico Gas Co. and we expect
to close that transaction either late in the first quarter or early in the
second quarter of next year." The Full Research Report on TECO Energy, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/785a_TE

----

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