PINNACLE WEST CAPITAL CORP
PINNACLE WEST CAPITAL CORP (PNW) Stock News
The latest PNW headlines and market coverage — 2 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
Coastal Community Bank Invests in Workforce Housing Through Koz Development's PNW Attainable Workforce Housing Fund
Coastal Community Bank announced its investment in Koz Development's PNW Attainable Workforce Housing Fund, which aims to expand high-quality, environmentally responsible housing for working individuals and families across Washington and Oregon. The fund targets the 'missing middle'—households earning too much for traditional assistance but struggling with market-rate housing affordability. In Washington, the investment also supports Koz developments in the Ballmer Group's Washington Family Housing Fund partnership.
- Zacks Investment Research·
Will Rising Customer Demand Support PNW's Long-Term Earnings Growth?
Pinnacle West Capital (PNW) is capitalizing on rising electricity demand in its service territory, with Q2 2026 customer growth of 2.1% and weather-normalized sales up 5.6%. The company plans $7.95B in infrastructure investments through 2028 and forecasts 5-7% long-term EPS growth, driven by data centers and industrial customers. Similar trends are benefiting other utilities like Alliant Energy and PPL Corporation, which are seeing significant demand from large commercial customers and data center pipelines.