PNW · News · 20260804N
Capital Expenditure Program
PINNACLE WEST CAPITAL CORP · 2026-08-04 · Importance 58 · Surprise 42 · In source text
Arizona Public Service Company projects approximately $10.35 billion of capital expenditures from 2025 through 2028. Planned investment covers generation, transmission, and distribution infrastructure to support load growth and reliability in Arizona. Pinnacle West also plans to convert two retired coal units at the Cholla plant to natural gas by 2029. Major transmission projects and generation upgrades are intended to serve rising demand from data centers and manufacturing customers.
Key facts
- The company announced plans to convert two retired coal units to natural gas by 2029. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | The company announced plans to convert two retired coal units to natural gas by 2029. |
| cash | negative | probable | — | The company announced plans to convert two retired coal units to natural gas by 2029. |