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Home/News Feed/Con Edison launches $2B at-the-market equity offering to fund subsidiaries and corporate needs.

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Con Edison launches $2B at-the-market equity offering to fund subsidiaries and corporate needs.

Company Fundamentals

08 May 2026

PRNewsWire

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Neutral

Consolidated Edison, Inc. announced a $2 billion at-the-market (ATM) equity offering, allowing it to sell common shares through various sales agents and forward purchasers. The proceeds will be used to invest in its subsidiaries for capital requirements and other corporate purposes. The offering is conducted under an existing SEC registration and includes negotiated transactions and block trades. This move provides Con Edison with flexible capital to support its regulated utilities and transmission projects amid ongoing operational and regulatory challenges.

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