Release Details

NEW YORK--(BUSINESS WIRE)--Jan. 3, 2025-- Evercore (NYSE: EVR) will host its 11th annual Utility CEO Conference in Scottsdale, Arizona, Jan. 8-10, 2025.

The power & utilities sector is rapidly establishing itself as a central force in the AI landscape, with the availability of power and supporting infrastructure becoming essential for the development of new data centers. Evercore’s annual Utility CEO Retreat One-on-One Conference brings together 33 leading companies driving the AI revolution across the United States.

Evercore ISI Director of Research Marc Harris said, “Artificial intelligence is already a transformative force in the U.S. economy, revolutionizing industries and driving innovation. Scaling electrical generation to meet AI’s immense power demands is the lynchpin of sustained economic growth, placing utilities at the heart of this transformation. We are thrilled to host this event, bringing together top-tier companies and influential investors for essential conversations about the future. This year, we are proud to welcome a record-breaking 33 companies, with an extraordinary majority represented by their CEOs—an unparalleled gathering of leadership shaping the next era of growth.”

"Electricity demand is approaching a pivotal inflection point, driven by the surge in data center load, which is projected to rise from 25 GW in 2024 to over 80 GW by 2030,” said Evercore ISI Managing Director Durgesh Chopra, who covers power & utilities. “Alongside this growth, the continued expansion of renewable energy generation, investments in grid resiliency, and advancements in 'smart grid' technologies will drive substantial investments in generation, transmission and distribution infrastructure, fostering strong earnings growth over the next decade. A favorable federal policy environment will be essential for accelerating AI development and reinforcing the U.S. economy. We are excited to welcome Matthew Aks, senior strategist of international political affairs and public policy at Evercore ISI, as our keynote speaker to explore the key policy implications of the Trump administration that are shaping the sector."

Participating companies:

• AES Corp.
• Ameren Corp.
• California Water Service Group
• Capital Power Corp.
• 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.
• National Grid PLC
• 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
• Talen Energy Corp.
• TXNM Energy Inc.
• Vistra Corp.
• 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/20250103564980/en/

Business Contact:
Marc Harris
Evercore ISI Director of Research
+1.212.653.9048

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

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

Source: Evercore