Pinnacle West Capital Corporation
Market Cap
12B
Short interest (May 15)
6.5%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.25%
↓ 2.7%
Available Shares
700K
↓ 40.0%
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Company Overview
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
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