Release Details

NEW YORK--(BUSINESS WIRE)--Jan. 5, 2024-- Evercore (NYSE: EVR) will host its 10th annual Utility CEO Conference in Ponte Vedra Beach, Florida, January 11-12, 2024.

Evercore’s annual Utility CEO Retreat One-on-One Conference brings together 30 leading companies spearheading the multidecade-long electrification of the U.S. economy. The event provides unique access to the most influential U.S.-focused utilities, the decision makers driving the nation’s energy transition through solar, wind, nuclear and energy storage.

Evercore ISI Director of Research Marc Harris said, “Decarbonization of the U.S. economy is expected to translate into trillions of dollars in investment opportunity through 2050. Sustainable energy and the broader energy transition is a top priority for Evercore, and as utilities will be core to this transition, we are delighted to host this event and support critical dialogue between companies and their investors. We have 30 companies attending this year, with the majority represented by their CEOs.”

“Renewable generation is projected to increase significantly from ~300 GW currently to over 3,500 GW by 2050,” said Durgesh Chopra, Evercore ISI Managing Director, Power & Utilities. “That, along with the need for grid resiliency, ‘smart grid’ and electric vehicle-related spending should drive at least $100 billion of transmission and distribution investment per year. In addition, U.S. data center-driven electric load is expected to more than double to 35 GW by 2030, when compared to 2022 levels. We are delighted to host DigitalBridge CEO Marc Ganzi as our keynote speaker to discuss the soaring demand from data centers.”

DigitalBridge Group Inc. is a leading alternative asset manager dedicated to investing in digital infrastructure around the world, managing $75 billion in assets.

Participating companies:

• AES Corp.
• Ameren Corp.
• American Electric Power Company Inc.
• Avangrid Inc.
• California Water Service Group
• CenterPoint Energy Inc.
• CMS Energy Corp.
• Consolidated Edison Inc.
• DTE Energy Co.
• Duke Energy Corp.
• Edison International
• Entergy Corp.
• Essential Utilities Inc.
• Evergy Inc.
• Eversource Energy
• Exelon Corp.
• FirstEnergy Corp.
• Hawaiian Electric Industries Inc.
• NextEra Energy Inc.
• NiSource Inc.
• NRG Energy Inc.
• OGE Energy Corp.
• PG&E Corp.
• Pinnacle West Capital Corp.
• Portland General Electric Co.
• PPL Corp.
• Public Service Enterprise Group Inc.
• Sempra Energy
• WEC Energy Group Inc.
• Xcel Energy Inc.

This is an invite-only event. Institutional investors may contact their Evercore ISI salesperson for additional details. Companies may contact EVRISI_Events@evercoreisi.com.

About Evercore

Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high-net-worth and institutional investors. Founded in 1995, the firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240104504586/en/

Business:
Marc Harris
Evercore ISI Director of Research
+1.212.653.9048

Media:
Jamie Easton
Head of Communications & External Affairs
Communications@Evercore.com

Investor:
Katy Haber
Head of Investor Relations & ESG
InvestorRelations@Evercore.com

Source: Evercore