NV Energy earnings
NV Energy reported last week that it earned $173.5 million on revenues of $1.02 billion in the third quarter. A year earlier, it earned $177.5 million on revenues of $1.1 billion.
Its Sierra Pacific Power subsidiary in northern Nevada earned $25.3 million on revenues of $218.9 million the quarter, which compares with income of $24.5 million on revenues of $257.1 million a year earlier.
NV Energy will pay a dividend of 13 cents share Dec. 21 to shareholders of record on Dec. 6.
Heather Ashbridge, who started with Nevada State Development Corporation in 2008, previously served in several roles with the organization, including assistant vice president and loan officer. She is based in NSDC’s Reno office.