The Virtus Reaves Utilities ETF increased 1.65% in the quarter, underperforming the S&P 500 Utilities Index, though it returned 25.49% over the last 12 months.
Entergy and Meta significantly up-sized their existing generation development commitment by 5 gigawatts to support expanding data center development opportunities.
Xcel Energy and Google announced a creative 1.9 GW partnership incorporating new renewables and long-duration energy storage to meet growing power demands.
Both regulated utilities and independent power producers are benefiting from a meaningful inflection in electricity demand, driven by data center development, industrial reshoring, and broader electrification trends.
Constellation recently increased its share repurchase authorization to $5 billion and outlined a base earnings-per-share compound annual growth rate of over 20% from 2026 through 2029.
Thai Noipho/iStock via Getty Images
Market Review
Utilities stocks outperformed the S&P 500 ® Index during the quarter. Escalating geopolitical tensions in the Middle East contributed to heightened volatility across U. S. equity and fixed income markets, particularly impacting energy prices and inflation
