Brian Savoy

“As shown on slide 7, We delivered another strong quarter, with both reported and adjusted earnings per share of $1.99, compared to $1.81 in the prior year. Electric utilities and infrastructure increased 20 cents, as the growth engine of the company continues to produce strong results.”

“And when we bracketed the $5 to $10 billion, we contemplated this is within the current five-year plan. So we're going to roll forward the plan in February, which obviously capital is accelerating as we are investing more into the late part of the decade than we are right now.”

“This compares to reported and adjusted earnings per share of $1.76 last year. Electric utilities and infrastructure was up 16 cents, driven by infrastructure investments to reliably serve customers in our growing jurisdictions, as well as favorable weather.”

“You know, the way I would think about it, as we're signing up these large load customers, we have more visibility into the infrastructure build we need to make to serve them. and this update in the capital plan has that plus as we get deeper into the energy modernization strategy we're investing more so you know we…”

“Moving to slide 8, we finished the first half of 2025 with another strong quarter, with reported an adjusted earnings per share of $1.25. This is up from adjusted earnings per share of $1.18 in 2024.”