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Sage and Ashoka University Join Hands to Support Doctoral Research in Social Sciences
THOUSAND OAKS, California, Feb. 27 -- SAGE Publishing issued the following news release:
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Sage and Ashoka University join hands to support doctoral research in Social Sciences
Reinforcing a shared commitment to inclusive, accessible, and interdisciplinary research, global academic content provider Sage joined hands with Ashoka University today to support emerging scholars in the social sciences. The initiative is designed to enable advanced, interdisciplinary research while reducing structural and financial barriers that sometimes limit access to advanced academic opportunities.
"Building
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THOUSAND OAKS, California, Feb. 27 -- SAGE Publishing issued the following news release:
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Sage and Ashoka University join hands to support doctoral research in Social Sciences
Reinforcing a shared commitment to inclusive, accessible, and interdisciplinary research, global academic content provider Sage joined hands with Ashoka University today to support emerging scholars in the social sciences. The initiative is designed to enable advanced, interdisciplinary research while reducing structural and financial barriers that sometimes limit access to advanced academic opportunities.
"Buildingon Sage's scholarship initiatives, this partnership also underscores their commitment to inclusive education and research excellence," said Sugata Ghosh, Deputy Managing Director, Sage South Asia. "We aim to support Ph.D. scholars in the Sociology and Anthropology fields, enabling them to pursue rigorous and interdisciplinary research. Through this partnership, we aim to reduce structural barriers and create conditions in which thoughtful, high-quality work can thrive."
Sage and Ashoka are investing in the future of social science research by strengthening the pipelines through which new perspectives and methodologies enter the global academic conversation. The initiative reflects the belief that the sustainability of knowledge systems depends on who is able to participate in them, and on creating conditions in which emerging scholars can shape research agendas over the long term. By supporting doctoral researchers at a critical stage of intellectual formation, Sage is contributing to a more resilient, diverse, and globally relevant research ecosystem--one that will continue to generate insights, scholarship, and leadership well beyond the tenure of the programme itself.
Ashoka University will administer the support through its Department of Sociology and Anthropology and will oversee the selection process to identify Ph.D. candidates with strong academic potential. The aim is to deepen understanding of complex social realities, inform public dialogue, and translate ideas into meaningful societal impact. This support will empower scholars to explore complex questions and contribute meaningfully to knowledge creation in Sociology and Anthropology and allied fields.
"Our partnership with Sage reflects Ashoka's commitment to advancing rigorous, interdisciplinary research. Sage's support to research students in the Department of Sociology and Anthropology will strengthen academic engagement across the disciplines and allied fields, and contribute to the global exchange of knowledge," said Somak Raychaudhury, Vice-Chancellor of Ashoka University.
This partnership is part of Ashoka University's broader efforts to expand access to world-class education while strengthening industry partnerships that enhance academic opportunities and long-term value for students.
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Original text here: https://www.sagepub.com/explore-our-content/press-office/press-releases/2026/02/26/sage-and-ashoka-university-join-hands-to-support-doctoral-research-in-social-sciences?_gl=1*1x2e6e6*_up*MQ..*_ga*MTk2OTQzMzE4NS4xNzcyMTk1NzEz*_ga_60R758KFDG*czE3NzIxOTU3MTMkbzEkZzAkdDE3NzIxOTU3MTMkajYwJGwwJGgxMzczODM3OTc.
[Category: BIZMedia]
Regional Planning Framework Advances Investment in Virginia's Working Waterfront
WATERTOWN, Massachusetts, Feb. 27 [Category: BizEngineering] -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, posted the following news:
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Regional Planning Framework Advances Investment in Virginia's Working Waterfront
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VHB completed a regional planning initiative to help rural coastal communities across Virginia's Middle Peninsula prioritize investment in publicly-owned working waterfronts that support the commercial seafood and maritime industries.
The effort addresses a common challenge facing
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WATERTOWN, Massachusetts, Feb. 27 [Category: BizEngineering] -- Vanasse Hangen Brustlin Inc., a provider of transportation planning, engineering, design, land development and environmental services, posted the following news:
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Regional Planning Framework Advances Investment in Virginia's Working Waterfront
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VHB completed a regional planning initiative to help rural coastal communities across Virginia's Middle Peninsula prioritize investment in publicly-owned working waterfronts that support the commercial seafood and maritime industries.
The effort addresses a common challenge facingcoastal localities: aging waterfront infrastructure and limited funding that need clear, objective tools to guide decision-making. To support transparent prioritization, VHB conducted a comprehensive condition assessment of 65 publicly owned wharves, landings, and harbors, evaluating physical conditions, operational constraints, access, resilience, and readiness for investment.
The technical analysis was paired with outreach to working watermen and women to capture on-the-ground perspectives related to safety, efficiency, and getting seafood to market. These inputs informed a structured alternatives analysis and prioritization matrix that helped regional partners identify 11 priority sites for further planning and design. VHB's recommended improvements include dredging, shoreline stabilization, and updated wharf configurations aligned with industry needs and funding opportunities.
The planning initiative has already resulted in grant success. Projects supported through the initiative recently secured two awards, including approximately $5.5 million for the Tappahannock Living Shoreline and Road Elevation Project and $250,000 for the Gloucester Point Recreational Area Resiliency Plan.
"Publicly owned working waterfronts are essential to rural economies, yet it's often challenging to prioritize investments with limited funding," said Ricky Wiatt, VHB Project Manager. "This planning project has provided communities with a clear, objective path from assessment to action. It's already helping turn planning into funded, implementable projects that strengthen working waterfronts for the long term."
Learn more about Coastal Engineering & Resiliency at VHB.
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Original text here: https://www.vhb.com/news/working-waterfronts-framework/
Power Availability Becoming Key Driver of CRE Value
CHICAGO, Illinois, Feb. 27 (TNSrep) -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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Power availability becoming key driver of CRE value
New JLL research finds energy resilience reshaping commercial real estate site selection and generating rent premiums in leading markets
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Energy availability and security is fast becoming a defining factor in commercial real estate (CRE) decision-making, with critical implications for project viability, property values and building performance. JLL's new research, Where energy meets property
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CHICAGO, Illinois, Feb. 27 (TNSrep) -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release:
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Power availability becoming key driver of CRE value
New JLL research finds energy resilience reshaping commercial real estate site selection and generating rent premiums in leading markets
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Energy availability and security is fast becoming a defining factor in commercial real estate (CRE) decision-making, with critical implications for project viability, property values and building performance. JLL's new research, Where energy meets property(https://www.jll.com/en-sea/insights/where-energy-meets-property.html), reveals how today's power crunch is reshaping the industry and the challenges and opportunities for owners, developers and occupiers across all major sectors.
JLL identifies four structural forces disrupting the energy sector and the traditional role of CRE: electrification and accelerated load growth; both physical and process-oriented grid constraints creating development bottlenecks; decarbonization and clean power deployment; and the digitalization and decentralization of energy systems writ large. These forces are creating the "perfect storm" by significantly disrupting real estate and energy, two legacy sectors. This convergence is expanding real estate's role in the energy value chain and creating new competitive advantages for properties with reliable power access.
"Energy disruptions are becoming a widespread business reality across sectors such as data centers, advanced manufacturing and life sciences," said Josephine Tucker, JLL Head of Energy Advisory and Sustainability, Americas. "Tenants are demonstrating clear willingness to pay higher rents for properties with dependable energy systems and we're already seeing measurable power premiums - 49% in some cases. The classic real estate priorities are evolving from purely location-based to include energy resilience as equally critical factors."
Power demand surges as grid infrastructure lags
Electricity demand is rising after decades of stagnation, driven by AI, data centers, onshoring and reshoring, advanced manufacturing, automation and EV charging. The IEA estimates growth of around 40% or more by 2035, far outpacing overall energy demand.
This surge is colliding with grid infrastructure designed for slower, more predictable growth patterns. The electricity system is evolving from a linear chain of centralized generation through transmission networks to end users toward a more decentralized network where energy is increasingly generated, stored and managed closer to where it is consumed. Digital controls, distributed energy resources and intelligent demand are shifting capability toward the grid edge, fundamentally reshaping the relationship between energy and the built environment.
Grid connection timelines for large new loads are approaching five years on average across major data center markets, turning access to power into a binding constraint well before construction begins. Industrial power prices across major economies rose by approximately 18% between 2019 and 2024, compared with just 4% growth in the preceding five-year period. Physical constraints and aging grid infrastructure, coupled with antiquated planning, permitting and regulation, are mounting pressure for utilities as they struggle to keep pace with consumer demand.
Key industries navigate growing energy constraints
Industry sectors driving today's economic expansion find themselves exposed to the power crunch. Data centers have emerged as the most visible symbol, with JLL Research projecting the addition of nearly 100 GW of global capacity this decade. Despite their visibility, data centers are projected to account for less than 10% of global electricity demand growth by 2030, behind several other industries.
Industrial and logistics properties are experiencing similar pressures as automation and electrification reshape operations. Manufacturing facilities with AI-driven processes, robotic systems and electrified equipment find their power requirements can be several multiples higher than traditional operations.
The expansion of EV charging beyond single-family homes into workplaces, retail and logistics properties is creating additional strain across property types, as unmanaged EV charging infrastructure can more than triple a site's peak power demand. Healthcare facilities, life sciences labs and other mission-critical facilities face additional complexity, as sectors requiring continuous, highly reliable power are reinforcing their importance as a non-negotiable requirement.
"We're seeing energy infrastructure and real estate values become permanently interlinked across major property sectors," said Guy Grainger, Global Head of Sustainability Services at JLL. "Properties equipped with smart energy management and on-site power generation capabilities have a clear competitive advantage in today's constrained environment. Energy security at operational facilities is now a boardroom discussion for business."
On-site energy solutions gain momentum
Digital controls and distributed energy resources are emerging as practical system responses, allowing buildings to manage peaks, improve resilience and reduce exposure to volatility. Modern energy management platforms now integrate on-site generation, battery storage, building systems and EV charging into a single control layer, allowing operators to manage peaks, shift load and prioritize lower-cost and lower-carbon power by hour and location.
Battery storage has become critical, with costs falling by 75% since 2015, from $448/kWh to $108/kWh in 2025. Strategically deployed storage can cover peak demand hours faster and at lower cost than traditional grid upgrades, while also firming intermittent renewable supply to support continuous, 24/7 operation.
"We predict that battery energy storage systems (BESS) will be the key to solving challenges with intermittent clean energy sources, while satisfying the needs for key sectors like industrial and data centers to have uninterrupted power," Tucker added. "BESS is going to be a big game changer."
Market forces reshape real estate values
Clean energy has accounted for over 90% of new power capacity added globally since 2020, with solar alone accounting for roughly two-thirds of total additions. This shift is driven primarily by economics rather than policy alone, as declining costs, shorter development timelines and modular deployment have made renewables the fastest way to add new capacity.
Global annual energy transition investment reached a record $2.3 trillion in 2025, more than doubling compared to 2020, with commercial distributed energy resources expanding fivefold over the same period. The research emphasizes that buildings sit at the center of today's power crunch, accounting for 30% of final energy consumption while representing one of the most adaptable levers in the energy value chain.
"Energy is no longer a background operating cost; power availability, reliability and costs are increasingly shaping site selection, development feasibility and asset performance," said Paulina Torres, Global Research Director for Sustainability at JLL. "As digital and decentralized capabilities expand, real estate is beginning to interact more directly with power system operations rather than simply consuming electricity, creating new opportunities for competitive advantage."
For more news, videos and research resources on JLL, please visit JLL's newsroom.
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About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500(R) company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
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Original text here: https://www.jll.com/en-sea/newsroom/power-availability-becoming-key-driver-of-cre-value
[Category: BizReal Estate]
Polaris Slingshot Unveils Exclusive Signature Edition, Fusing Advanced Technology With One-Of-A-Kind Styling
MEDINA, Minnesota, Feb. 27 -- Polaris Industries, a manufacturer of snowmobiles, all terrain vehicles, midsize and heavyweight motorcycles, issued the following news release on Feb. 26, 2026:
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Polaris Slingshot Unveils Exclusive Signature Edition, Fusing Advanced Technology with One-of-a-Kind Styling
Built For Those Who Expect More From Every Mile, New Limited Edition Elevates Slingshot Experience with Premium Details at Every Touchpoint
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Polaris Slingshot, the three-wheel vehicle designed for those who chase life's greatest moments, today unveiled its exclusive Signature Edition - combining
... Show Full Article
MEDINA, Minnesota, Feb. 27 -- Polaris Industries, a manufacturer of snowmobiles, all terrain vehicles, midsize and heavyweight motorcycles, issued the following news release on Feb. 26, 2026:
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Polaris Slingshot Unveils Exclusive Signature Edition, Fusing Advanced Technology with One-of-a-Kind Styling
Built For Those Who Expect More From Every Mile, New Limited Edition Elevates Slingshot Experience with Premium Details at Every Touchpoint
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Polaris Slingshot, the three-wheel vehicle designed for those who chase life's greatest moments, today unveiled its exclusive Signature Edition - combiningmodern technology with one-of-a-kind styling. The new limited-edition model takes everything that defines the high-performance R model and elevates it to something truly rare.
"Style remains the top priority for our Slingshot riders, and the 2026 Signature Edition showcases that commitment," said Josh Hermes, Polaris Slingshot Vice President. "As a premium addition to our lineup, it pairs exclusive design with advanced technology for a one-of-kind ride."
Produced in limited quantities, the 2026 Signature Edition features premium details at every touchpoint - crafted with exclusive style, advanced technology and uncompromising performance.
Exclusive Style
The Slingshot Signature Edition features an exclusive Golden Steel and Black Crystal two-tone, color-shifting paint scheme that changes with light movement, creating a striking visual effect from every angle. Black Crystal paint delivers a deep, sparkling finish, while Golden Steel paint radiates a premium, gold iridescent finish. Exclusive Signature Edition branding and refined graphics with gold pinstriping, complemented by blacked-out metal badges and accent details, further elevate the bold design of the limited-edition model.
Advanced Technology
Inside the cockpit, Signature Edition delivers advanced, factory-installed technology for maximum enjoyment while driving. A Rockford Fosgate(R) Stage 3 Max + Lighting system takes the spotlight, delivering a fully immersive audio and lighting experience. The 360-degree audio-visual atmosphere comes to life with immersive entertainment as two powerful 8-inch side panel speakers and two 6.5-inch headrest speakers produce 700-watts of crisp, high-impact audio. The XKGlow(R) Interior Lighting kit, controlled seamlessly via the Slingshot LED mobile app, allows riders to create the ultimate show of sound and style - synchronizing lighting with their music throughout the cockpit. Riders can further elevate the experience with a 7" Display powered by RIDE COMMAND+, offering real-time weather and traffic overlays, along with a vehicle locator and vehicle health monitoring. RIDE COMMAND+ also includes Turn-By-Turn GPS Navigation, Apple CarPlay(R), Bluetooth(R), USB Phone Connectivity and a Backup Camera.
Uncompromising Performance
Available with either a manual or AutoDrive transmission, Signature Edition offers maximum performance with features including a Polaris-built ProStar 2.0L four-cylinder engine - putting out 204 horsepower, Brembo(R) Brakes for premium stopping power and a Vented Sport Hood to improve aerodynamics and cockpit airflow. Two drive modes, Comfort and Slingshot, deliver a personalized driving experience. Comfort mode eases gear changes for a relaxed drive, while Slingshot mode delivers faster, more responsive shifts for a sportier feel.
Starting at $36,999, Signature Edition is now shipping to dealers in limited quantities. For more information, visit a local Slingshot dealer, visit Slingshot.Polaris.com, or follow Slingshot on social media: Facebook.com/PolarisSlingshot, @Slingshot on X and @PolarisSlingshot on Instagram. For information on Slingshot rental locations, visit Adventures.Polaris.com
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ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.
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/ Slingshot is a three-wheeled motorcycle. It is not an automobile. It does not have airbags and it does not meet automotive safety standards. Three wheel vehicles may handle differently than other vehicles, especially in wet conditions. Always wear a DOT-approved full-face helmet and fasten seatbelts. The Driver may need a valid motorcycle endorsement. Drive within the limits of the law and your own abilities. Read, understand, and follow your owner's manual. Never drive under the influence of drugs or alcohol. Unless otherwise noted, trademarks are the property of Polaris Industries Inc. Rockford Fosgate(R) is a registered trademark of Rockford Corporation. XK Glow(R) is a registered trademark of danial e. julian DBA XKGLOW. Bluetooth(R) is a registered trademark of Bluetooth Sig, Inc. Apple CARPLAY(R) is a registered trademark of Apple Inc. Brembo(R) is a registered trademark of BREMBO N.V. (CORPORATION; NETHERLANDS). Copyright (c) 2026 Polaris Industries Inc.[1]
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Original text here: https://www.polaris.com/en-us/news/product/polaris-slingshot-unveils-exclusive-signature-edition-fusing-advanced-technology-with-one-of-a-kind/
[Category: BizTransportation]
Oncor Reports 2025 Results
DALLAS, Texas, Feb. 27 -- Oncor Electric Delivery issued the following news release on Feb. 26, 2026:
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Oncor Reports 2025 Results; Announces $47.5 Billion 2026-2030 Base Capital Plan
Oncor Electric Delivery Company LLC ("Oncor") today reported net income of $1.07 billion for the twelve months ended December 31, 2025 compared to net income of $968 million in the twelve months ended December 31, 2024. The increase in net income of $102 million was driven by overall higher net revenues primarily attributable to an increase in other regulated revenues recognized related to the establishment
... Show Full Article
DALLAS, Texas, Feb. 27 -- Oncor Electric Delivery issued the following news release on Feb. 26, 2026:
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Oncor Reports 2025 Results; Announces $47.5 Billion 2026-2030 Base Capital Plan
Oncor Electric Delivery Company LLC ("Oncor") today reported net income of $1.07 billion for the twelve months ended December 31, 2025 compared to net income of $968 million in the twelve months ended December 31, 2024. The increase in net income of $102 million was driven by overall higher net revenues primarily attributable to an increase in other regulated revenues recognized related to the establishmentof the Unified Tracker Mechanism ("UTM"), updated interim rates to reflect increases in invested capital, customer growth, and higher annual energy efficiency program performance bonus revenues, partially offset by higher interest expense and depreciation expense associated with increases in invested capital, and higher operation and maintenance expense. Oncor reported net income of $250 million in the three months ended December 31, 2025 compared to net income of $168 million in the three months ended December 31, 2024. This $82 million increase was driven by overall higher net revenues primarily attributable to an increase in other regulated revenues recognized related to the establishment of the UTM, updated interim rates to reflect increases in invested capital, higher annual energy efficiency program performance bonus revenues, higher customer consumption, primarily attributable to favorable weather, and customer growth, partially offset by higher interest expense and depreciation expense associated with increases in invested capital, and higher operation and maintenance expense. Financial and operational results are provided in Tables A, B, C, D, and E below.
On January 29, 2026, Oncor filed a stipulation in its comprehensive base rate review proceeding, Public Utility Commission of Texas ("PUCT") Docket No. 58306. The stipulation requests PUCT approval of an unopposed comprehensive settlement of all issues in the docket among the parties to the proceeding. The stipulation provides for:
* An estimated increase of approximately $560 million over Oncor's 2024 test year adjusted annualized revenues (an increase of approximately 8.8%);
* A regulatory capital structure ratio of 56.5% debt to 43.5% equity;
* An authorized return on equity of 9.75%, and a 4.94% authorized cost of debt.
If approved as requested, Oncor estimates the proposed rates would result in an increase to residential customer bills of 3% per month based on 1,000 kWh/month usage at an average retail electric price of $0.15/kWh. The PUCT Commissioners are expected to rule on the stipulation within the coming months. If approved as requested, Oncor currently expects positive impacts to its future earnings, cash flow, and credit metrics.
"Customers in Texas continue to call for a record amount of electric infrastructure to meet unprecedented projected load growth, strengthen the grid, and enhance the reliability and resiliency of our entire service territory. Our new $47.5 billion capital plan is designed to provide a historic amount of investment to meet these needs, and we are pleased to have reached a settlement in our rate review that is supportive of this plan. We look forward to the Public Utility Commission of Texas's consideration of the stipulation," said Oncor CEO Allen Nye. "I would also like to thank our team that worked tirelessly and safely through the restoration required by Winter Storm Fern. I know that any amount of time without power during such difficult winter conditions is a hardship on our customers. Oncor prepositioned equipment and more than 10,000 employees and contractors across our system to be able to respond to customer outages as quickly as conditions allowed. We will continue to prepare our system to be resilient against inclement weather."
Five-Year Capital Plan
Today, Oncor is announcing a new five-year base capital plan of approximately $47.5 billion for the 2026 to 2030 period, which includes a projected spend of approximately $9 billion in 2026, $10 billion in 2027, $10.1 billion in 2028, $9.4 billion in 2029, and $9 billion in 2030, reflecting Oncor's important role in providing the infrastructure necessary to support expected continued growth and electrification across Texas.
Oncor's 2026 through 2030 base capital plan has increased approximately $11.4 billion from the 2025 to 2029 five-year base capital plan arising primarily from the following items:
* $6 billion for remaining projects in the Permian Basin Reliability Plan ("PBRP") that were not included in the prior five-year capital plan due to pending regulatory approvals;
* $2 billion for other new transmission projects;
* $2 billion for distribution upgrades and other capital needs; and
* $1 billion for transmission projects in the Delaware Basin Load Integration Plan that were not included in the prior five-year base capital plan due to pending regulatory approvals.
Notably, Oncor's 2026 through 2030 base capital plan includes only major transmission projects that either (i) have received necessary regulatory approvals or (ii) are part of the PBRP. For large commercial and industrial customers ("LC&I") seeking transmission-level interconnection, such as data centers, the base plan includes only those projects that have achieved certain development milestones.
In addition to its base capital plan, Oncor has identified approximately $10 billion in potential incremental capital opportunities over the 2026 through 2030 period. These incremental projects include high-voltage transmission expansions in the Electric Reliability Council of Texas, Inc.'s ("ERCOT") 765-kV Strategic Transmission Expansion Plan ("STEP") primarily outside of the PBRP for which Oncor is responsible (currently estimated by Oncor at $3 billion for the 2026 through 2030 period), additional transmission upgrades currently pending ERCOT approval, and anticipated updates to Oncor's System Resiliency Plan ("SRP") for 2028 through 2030. Incremental capital opportunities also include LC&I interconnection projects that Oncor believes have a strong likelihood of completion but do not have necessary external approvals or where the project scope is still being finalized.
Regulatory Update
Oncor plans to make its first UTM filing in the first half of 2026, following the receipt of a final order in its base rate review. The UTM, authorized by Texas House Bill 5247 passed in the 2025 Texas legislative session, combines the existing interim capital tracker mechanisms into a single annual proceeding. The UTM filing allows for recovery of costs recorded to a regulatory asset arising from eligible capital investment. In 2025, Oncor began recognizing revenues associated with qualifying investments for eligible transmission and distribution infrastructure placed in service during calendar year 2025 and plans to seek recovery of these costs in its UTM filing. Additionally, the UTM is expected to benefit residential customers by updating customer allocations annually.
In 2025, Oncor filed 16 new Certificate of Convenience and Necessity ("CCN") amendment applications for needed transmission projects and received regulatory approval on 12 applications. Oncor anticipates filing approximately 18 additional CCNs in 2026, including three related to the 765 kV Permian Basin import paths.
Strategic Growth and Operational Highlights
Oncor continues to coordinate closely with ERCOT and industry stakeholders to advance extra high-voltage transmission (765 kV) infrastructure that supports regional reliability and long-term economic growth. In December 2025, ERCOT endorsed phase two of STEP, which consists of the non-PBRP projects. In total, Oncor anticipates being responsible for more than half of the investment related to the STEP.
In 2025, Oncor built, rebuilt, or upgraded approximately 3,100 circuit miles of transmission and distribution lines and increased its premise count by over 65,000, reflecting ongoing population and business growth in Texas. Active transmission point-of-interconnection ("POI") requests increased 24% year over year. As of February 25, 2026, Oncor held approximately $3.5 billion in customer collateral for active generation and LC&I transmission POI requests. This collateral, which is subject to refund once projects are placed into service or upon certain other conditions, helps reduce the risk of rate payers bearing costs for projects that are cancelled after Oncor has expended funds toward building the infrastructure.
As of December 31, 2025, Oncor had 562 active generation POI requests in queue, composed of approximately 48% storage, 40% solar, 8% wind, and 4% gas. In addition, Oncor's active LC&I interconnection queue included 650 requests at the end of 2025. Those requests include approximately 255 gigawatts from data centers and over 18 gigawatts of load from various other industrial sectors, demonstrating broad-based industrial growth within Oncor's service territory. Oncor has currently identified at least 38 gigawatts of large load interconnection requests that meet the 2026 Regional Transmission Plan ("RTP") qualification standards and continues to work diligently with additional customers to determine which projects will be included in Oncor's April 1, 2026 RTP filing to ERCOT.
Oncor is deeply engaged with ERCOT stakeholders around the development of a batch study process to review transmission capacity needs for large load interconnections. Oncor continues to advance significant transmission projects necessary to serve new large loads through the ERCOT Regional Planning Group process, which are expected to support approximately 14 gigawatts of new large load.
Liquidity
As of February 25, 2026, Oncor's available liquidity totaled approximately $3.6 billion, consisting of cash on hand and available borrowing capacity under its credit facilities, commercial paper programs, and accounts receivable facility. Oncor anticipates these resources, combined with projected cash flows from operations and future financing activities, will be sufficient to meet capital expenditures, maturities of long-term debt, and other operational needs for at least the next twelve months.
Sempra Internet Broadcast Today
Sempra (NYSE: SRE) will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. ET, which will include discussion of 2025 results and other information relating to Oncor. Oncor executives will also participate in the broadcast. Access to the broadcast is available by logging onto the Investors section of Sempra's website, sempra.com/investors. Prior to the conference call, an accompanying slide presentation will be posted on sempra.com/investors. For those unable to participate in the live webcast, it will be available on replay a few hours after its conclusion at sempra.com/investors.
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Annual Report on Form 10-K
Oncor's Annual Report on Form 10-K for the year ended December 31, 2025 will be filed with the U.S. Securities and Exchange Commission after Sempra's conference call and once filed, will be available on Oncor's website, oncor.com. The annual financial statements of Oncor Electric Delivery Holdings Company LLC (which holds 80.25% of Oncor's outstanding equity interests and is indirectly wholly owned by Sempra) for the year ended December 31, 2025 will be included as an exhibit to Sempra's Annual Report on Form 10-K for the year ended December 31, 2025.
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About Oncor
Headquartered in Dallas, Oncor is a regulated electricity transmission and distribution business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest transmission and distribution system in Texas, delivering electricity to more than 4.1 million homes and businesses and operating more than 145,000 circuit miles of transmission and distribution lines in Texas. While Oncor is owned by two investors (indirect majority owner, Sempra, and minority owner, Texas Transmission Investment LLC), Oncor is managed by its Board of Directors, which is comprised of a majority of disinterested directors.
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Original text here: https://www.oncor.com/content/oncorwww/wire/en/home/newsroom/ONCOR-REPORTS-2025-RESULTS---ANNOUNCES--47-5-BILLION-2026-2030-BASE-CAPITAL-PLAN.html
[Category: BizEnergy]
AV Receives $186 Million U.S. Army Delivery Order for Next-Generation Switchblade Systems
MONROVIA, California, Feb. 27 -- AeroVironment issued the following news release on Feb. 26, 2026:
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AV Receives $186 Million U.S. Army Delivery Order for Next-Generation Switchblade Systems
AeroVironment, Inc. ("AV") (NASDAQ: AVAV), a global leader in autonomous systems and precision strike solutions, today announced receipt of a $186 million delivery order from the U.S. Army for Switchblade(R) 600 Block 2 and Switchblade(R) 300 Block 20 explosively formed penetrator (EFP) loitering munition systems.
The order was issued under the Army's existing five-year, $990 million Indefinite Delivery,
... Show Full Article
MONROVIA, California, Feb. 27 -- AeroVironment issued the following news release on Feb. 26, 2026:
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AV Receives $186 Million U.S. Army Delivery Order for Next-Generation Switchblade Systems
AeroVironment, Inc. ("AV") (NASDAQ: AVAV), a global leader in autonomous systems and precision strike solutions, today announced receipt of a $186 million delivery order from the U.S. Army for Switchblade(R) 600 Block 2 and Switchblade(R) 300 Block 20 explosively formed penetrator (EFP) loitering munition systems.
The order was issued under the Army's existing five-year, $990 million Indefinite Delivery,Indefinite Quantity (IDIQ) contract for Lethal Unmanned Systems (LUS), which was awarded in August 2024. This delivery order marks the U.S. Army's first procurement of AV's next-generation Switchblade product line, underlining a significant step forward in fielding advanced, precision loitering munitions across infantry and maneuver formations. It is the Army's first Switchblade order containing EFP payload, delivering enhanced lethality against armored threats.
"This delivery order reflects the Army's confidence in the next evolution of the Switchblade family and its relevance to modern, contested battlefields," said Brian Young, Senior Vice President of Loitering Munitions at AV. "Switchblade 600 Block 2 and Switchblade 300 Block 20 build on years of combat experience while delivering meaningful upgrades in autonomy, resilience, and lethality tailored to today's operational demands."
Switchblade 600 Block 2 is AV's most advanced long-range loitering munition to date, designed for multi-domain operations and ruggedized for maritime and highly contested environments. Developed in collaboration with United States Special Operations Command (SOCOM), the system features upgraded avionics and advanced Automatic Target Recognition (ATR), enabling faster detection, identification, and engagement of threats. Integrated resilient communications, including Silvus MANET radios, support distributed operations and extended handoff ranges, while improved navigation and mission resilience allow effective employment in GPS-challenged environments. These upgrades provide commanders with increased reach, flexibility, and confidence against armored and high-value targets.
Switchblade 300 Block 20 introduces a new modular payload capability to the combat-proven, backpackable loitering munition. For the first time, the Army has procured the system with an Explosively Formed Penetrator (EFP) payload, delivering enhanced lethality against armored threats while retaining the speed, portability, and ease of use that have made Switchblade 300 a trusted solution at the small-unit level. The Block 20 configuration also includes sensor improvements, enhanced user interfaces, and extended range options, allowing rapid, precision effects beyond line of sight.
Together, the Switchblade 600 Block 2 and Switchblade 300 Block 20 provide the Army with a scalable family of precision loitering munitions--from lightweight, single-operator systems to long-endurance, multi-domain capabilities--designed to operate seamlessly across echelons and mission sets.
"This delivery order further advances the Army's Lethal Unmanned Systems Directed Requirement and reinforces AV's role as the leading provider of combat-proven loitering munition systems," said Young. "As we continue to invest in expanding Switchblade manufacturing capacity and accelerating delivery timelines, we are continuing to meet the growing demand for these products from U.S. and allied forces."
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Original text here: https://www.avinc.com/resources/av-in-the-news/view/av-receives-186-million-u.s-army-delivery-order-for-next-generation-switchblade-systems
[Category: BizNational Defense]
AAR Signs New Agreement With Otto Instrument Service
WOOD DALE, Illinois, Feb. 27 -- AAR, a provider of aviation services to commercial and government operators, issued the following news release:
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AAR signs new agreement with Otto Instrument Service
AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system product line. The agreement reinforces AAR's strategy to broaden its OEM distribution portfolio serving the business aviation market.
Under the agreement, AAR
... Show Full Article
WOOD DALE, Illinois, Feb. 27 -- AAR, a provider of aviation services to commercial and government operators, issued the following news release:
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AAR signs new agreement with Otto Instrument Service
AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a new agreement with Otto Instrument Service to sell and support the LASEREF IV inertial reference system product line. The agreement reinforces AAR's strategy to broaden its OEM distribution portfolio serving the business aviation market.
Under the agreement, AARwill ensure availability and rapid global deployment of the LASEREF IV system, an essential avionics unit installed on a range of business aircraft, for replacement and upgrade. The collaboration combines Otto's expertise with AAR's global supply-chain reach, advanced distribution infrastructure, and customer-support capabilities.
"This agreement further strengthens AAR's position as a premier global distributor and expands access into the business aviation market," said Frank Landrio, AAR's Senior Vice President of Distribution. "In coordination with Otto, we look forward to enhancing availability, logistics, and technical support for operators upgrading to the latest technology."
"AAR's global footprint and proven performance in avionics logistics make them an ideal distributor for this system," said Chuck Farley, Otto Instrument Service's Vice President of Sales and Contracts. "Together, we can deliver faster, more efficient support for business and general aviation customers worldwide."
For more information on AAR's new parts Distribution activities, part of the Company's Parts Supply segment, visit https://www.aarcorp.com/en/products/distribution/.
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About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
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About Otto Instrument Service
Otto Instrument Service, Inc., founded in 1946, is a leading provider of maintenance, repair, and overhaul ("MRO") services for commercial, cargo, air transport (ATR), business general aviation (BGA), military, and fixed wing and rotary wing aircraft operators worldwide. As one of the few remaining privately held aviation companies of its scale, OTTO delivers aerospace manufacturing, repair, and engineering expertise to airlines, OEMs, and government operators across 47 countries. With nearly eight decades of experience, the Company is recognized for its technical excellence, global reach, and long-standing customer partnerships. Additional information can be found at www.ottoinstrument.com.
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This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions, including anticipated activities and benefits under the agreement. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management's control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
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Original text here: https://www.aarcorp.com/en/newsroom/press-releases/2026/aar-signs-new-agreement-with-otto-instrument-service/
[Category: BizAerospace]
