Andrew Weisel

If you could speak to the timing and pricing of gas turbines. You keep adding generation to the outlook

I think you used the term that you're protected, can you discuss that a little bit

You talked about the 700 megawatts of natural gas capacity. I believe that's existing assets

with the announcements from the federal government, has that changed your comfort level

Would that suggest that you’ll be including generation related to that data center customer?

Would you worry about over-using the mechanism relative to traditional storm cost recovery

Am I understanding correctly that the 2027 guidance assumes that some assets will be sold

Can you elaborate on options and how proactive you need to be?

Of the 110 new, when do you expect that to connect and ramp? Does that take you to the high end of the 2% to 3%?

would you consider splitting NorthStar into pieces—DIG versus the renewables development business?

how should we think about that going forward? Should it be consistent, should it be ramping up

Should we think of that as pulling from the opportunities bucket into the formal plan?

can you just kind of explain what kind of shape is the plant in? What kind of maintenance might be required if it were to run through 2028?

how much excess capacity do you currently have to serve that load with a couple of gigawatts potentially coming soon

The IRP-related spending opportunity of $5 billion, am I right, that won't be included in the February update for CapEx, right?

What grade would you give yourselves in terms of reliability from this storm?

are you already in cost-cutting mode storm, or are you just reminding us of your proven ability to do that?

how should we think about the dividend growth? I understand it's a board decision

would that be meaningful enough to impact equity

do you have a rough ballpark number of what would be required or cremental gigawatt of demand going forward

Just wondering if there's any noise in the data or anything to call out

Can you walk us through what drove that? Was that about preserving the balance sheet

talk a little bit more about timing and potential magnitude of when the spending might show up in the capital plan

how high can that go? I know you're going to give the more detailed update later this quarter

what exactly was in the $500 million increase today? What is that spending going towards

the interconnection queue has grown by seven gigawatts. Can you get more details in terms of what types of customers

conversations you've been having with the rating agencies and hopefully getting off of the negative watches

are you making any changes to your counterparty approach around protections going forward, or do you feel confident

The total now is 5 to 6 rather than 5. I don’t — maybe I’m just looking too far into it, but was that meant to be a

do you have different requirements for different customers based on credit risk profiles

what kind of responses are you giving from key stakeholders like regulators, the staff, local community leaders, politicians?

Can you discuss some examples of what might be included in there? What type of actions you're referring to? And then as we look to '26 and beyond, how should we think about the O&M outlook for the ...

are you expecting the new data centers and this specific deal to be neutral to residential customer rates or monthly bills or deflationary?

did you issue any equity during the quarter? And Dave, I think you reiterated the $0 to $100 million per year

how are you thinking about that philosophy? I think I heard you say that you're not expecting to grow EPS faster than the high end of 6% to 8%

How are you thinking about the path to get there? Are you hoping to get it kind of all in one shot, or will it be gradually ramping over time?

What exactly does that mean? Are you talking about pulling forward expenses from 2028 and 2029?

Can you remind us the timing of the 2026 IRP, when it would be filed, approved, and implemented?

With a stronger balance sheet and pointing to a little bit faster earnings growth, any thoughts on the pace of dividend growth?

what was the impetus for these sales? Was it wanting to improve the balance sheet? Were you looking to unlock more CapEx or something else?

the $4 billion upside to CapEx, is that entirely going to Florida?

It looks like the 2025 outlook went up by about $200 million, and you removed the comment that the majority of the outlook will be issued in the back half

you talked about the land acquisition strategy. I know Mystic was a big one last year. Can you talk a little more how you're thinking about this

What made you turn it on during the last quarter? And I know last year, you had that similar run rate of $1 billion over the year

do you think you're positioned to redeploy some of the capital back into the state

which threshold are you referring to when you talk about the 100 basis point cushion? Is it the 12% at S&P

when you talk about tariffs and the Massachusetts mechanism around performance-based rate making and inflation, please just remind me how would that work

what do you think about where what that might become, and what are the odds it might turn into a sizable investment opportunity

What role do the hyperscalers play in those efforts, if any? Are they treated just like any other CNI customers

how that works from a timing and cash flow perspective? If you're not going to collect the revenue or how and when will you collect the revenues relative to the construction

The 15% industrial sales growth in the first quarter was notably better than your guidance of 10% for the year

I see you increased the CAGRs, but the numbers in the bar chart went down. Am I right, that's just because you roll forward the starting point from '24 to '25

help us understand the 2 different perspectives and how to reconcile these 4-year terms versus the 15 years

Can you maybe preview the filing a little bit in terms of customer bill impacts and what role Google might play

how are you thinking about the potential for some of these data centers to build on-site power generation themselves

how much of that is already included in the CapEx plan? And is there sort of a risk adjustment for some or all of these projects

you're saying it's about the pace of new customers ramping, not about usage from existing customers. Is that right

Can you talk a bit about that? Given that the state is in PJM, what exactly is the goal here?

how are you thinking about CapEx levels and categories? Are your conversations pointing toward minimizing spending

should we think of that as being incremental to the plan and everything else you would typically do?

O&M expenses were down 5% year-over-year and came in below the levels approved in the latest rate case

what are the priorities for 2026 in the next few years, whether that is on the regulatory side or execution

where are you seeing the most activity in which state

are you expecting to reallocate some spending away from the other segments and businesses? Or do you think the balance sheet and the labor force could handle

Can you speak more broadly? I think I may have asked you this on prior calls as well, but it sounds like generally flattish for the industrial customers

when would the next CapEx refresh be coming

can you tell us what's the current level of data center demand you're seeing today

Does one need to happen prior to the other? Does one depend on the other? And could a settlement happen before the legislation becomes official

I noticed in the quarter, the industrial group was down 3%. And really, if I look back over the past several quarters, it's been a downward trend

with the rebased earnings outlook to core as a payout ratio, you're a little bit above the high end of the targeted 60% to 70% range

Can you please talk a little bit about demand trends? You mentioned a couple of times that sales were lower than expected

it looks like you're taking up the numbers for 2026, now 2%-3% from 1% previously.

Help us understand the thinking behind pursuing simple cycles as opposed to bigger baseload CCGTs with higher run times

should we expect more CTs per capacity, more likely than CCGTs

some spending moved up from 2027 to 2026, and then a little bit got pushed back from 2028 to 2029

does that cover everything related to the three gigawatts for the four projects that have ESAs

The $10 billion is obviously a huge number, and yet the chart is unchanged

would you maybe need some CCGTs in the plan

Would the ATM presumably be large enough to the $1.4 billion over years? Would you consider a forward or a block perhaps

What exactly was added to the CapEx plan? It obviously went up by $600 million give or take

How do you think about that in terms of adding or limiting your

Can you talk about the proposed legislation and and how it maybe might clarify things going forward

is Big Cedar essentially fully booked up at this point

Would you only pursue those if they're backed by a long-term contract, whether bilateral or from the auction?

do you think there are any additional assents you can take specifically to protect you from these weather events

Is your goal to announce the gigawatt, but the financial impact would be upside? Or does the guidance include that gigawatt

How are you thinking about the batching proposal? Do you worry that might slow things down?

Is that a function of LS Power and TEF CapEx, which is sort of onetime in nature? Or should we think of the $1 billion as a good run rate

are you thinking that you'll be able to continue to stay no equity

Can you detail how much of that is data centers versus manufacturers? And then just very roughly the timing of the ramp-up schedules

How are you thinking about it in terms of not only overall affordability, but focusing on low and lower customers

Are you able to give any guidance on how to think about the pace of equity and when it will actually hit

I know that the press release talks about long-term savings for customers, Have you quantified that?

the $26.5 billion of DOE loan guarantees—am I right that that would reduce traditional debt dollar for dollar without impacting the equity?

What would be the timing of when the process is completed and when you would have visibility into the company-owned resources

I think you mentioned the potential to accelerate the dividend growth. Could you elaborate? I think that's new commentary from you

how are you feeling about the outlook for demand and it's sticking for at least the next 3 years

How confident are you in those counterparties' ability to execute on timing? It seems a little aggressive from an EPC and turbine delivery perspective

The slide say well over 50. Did I hear you right? Did you say 52 gigawatts now?

can you talk about the flexibility under the 10b5-1 program?

I think you've talked about potential in the neighborhood of about 600. You've identified the 400 and change with Meta

The news about the batching process potentially impact those?

as you think about serving these data centers, how should we think about future generation capacity additions

Are these issues with Oracle causing any slowdown or any concerns among these customers?

How are you thinking about the potential for settlements? Wisconsin, obviously has a good history of deal making

The weather-adjusted natural gas deliveries were down over 2 point--or down 2.1% year-on-year

do you think it's isolated to that specific area? Do you think other -- from your conversation with customers

I'm hoping you can clarify a little the interplay between the VLC tariff and the general rate case. I've been getting enough questions. I think there's some confusion

how should we think about kind of this idea if data center activity exceeds expectations, would that help the rest of the customers by lowering their rates, or just leave them unimpacted?

Is it important that the first one concludes before the second one begins, or do you see them as independent tracks?

The gap charge you took related to Illinois, is there a cash component to that, or might there be one going forward?

Is that increase related to data center projects you've been talking about ramping up? Or is it some of the other manufacturing activity

for '28 to '30, are you implying 8% or like 7.5% to 8%?

when I add up the pieces on Page 18, I'm calculating a total of $8.1 billion. So I don't know if it's rounding

How much of your plan is already safe harbored? And to whatever degree you might not qualify

Was that a function of stronger-than-expected near-term demand or any delays in construction of the new supply

any early thoughts on roughly how big of an opportunity that might be and how quickly you might be able to get those efforts going?

How should we think about that? Is that any kind of reflection on the market uncertainty in tariffs, view on your stock price

Can you just elaborate on that, maybe what you're hearing and seeing from the company?

when we might get the next updates to the long-term spending plans. You typically give those in November

how do you think about your appetite for incremental unregulated projects? You obviously have a ton of utility opportunities

you made the comment about a quiet regulatory calendar, but how do we juxtapose that with a very busy environment