Risk Factors Update Summary
- The Company's total consolidated indebtedness increased from $6.87 billion to $8.10 billion.
- The Company's largest customers' revenue contribution decreased from 33% to 24% and 25% to 17%.
- The Company's total consolidated indebtedness increased from $4.745 billion to $5.97 billion.
- The Company's majority of electric power generation assets have a reduced average duration from 11 to 10 years.
- The Company's controlling stockholder, CEG, will be acquired by BlackRock, subject to regulatory approvals.
- The Company's NOLs are expected to offset federal income tax payments through 2026.
- The Company anticipates being in a cumulative earnings and profits deficit position as of the end of 2023.
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=1567683&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.