Risk Factors Update Summary
- Houston Electric and Indiana Electric may face claims and lawsuits due to Load Shed planning challenges.
- Houston Electric may incur costs exceeding agreed levels for the Pike County Solar project due to delays.
- Added "global" to supply chain risks, increasing exposure to international disruptions.
- Indiana Electric experienced a boiler feed pump turbine failure, causing a coal-fired unit to be out of service for nearly nine months.
- Indiana Electric is transitioning to more renewable energy sources, facing potential disruptions and supply shortages.
- Houston Electric may face adverse impacts if unable to recover TEEEF costs, affecting financial condition and operations.
- Premiums rising, insurance coverage availability uncertain, impacting financial risk management strategies.
- Houston Electric's open market purchases are being challenged, potentially resulting in increased costs.
- The DOC announced preliminary findings of circumvention by companies attempting to bypass U.S. duties.
- Delayed service due to shutdowns and illness affecting timeliness and customer satisfaction.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1130310&owner=exclude
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