Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, June 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Utilities among the donors to Donald Trump’s inauguration
    Utilities

    Utilities among the donors to Donald Trump’s inauguration

    April 25, 20253 Mins Read


    Monopoly utilities NextEra Energy, Sempra, Southern Company, and Washington Gas were among the donors to Donald Trump’s second presidential inauguration. 

    The Trump Vance Inaugural Committee, Inc., received large checks from a variety of corporations including those throughout the fossil fuel industry and several large investor-owned monopoly utilities, according to the committee’s recent filings with the Federal Election Commission.

    NextEra is Florida Power & Light’s parent company. Sempra owns Southern California Gas and San Diego Gas & Electric, along with 80% interest in Oncor and 50% interest in Sharyland Utilities – utilities serving customers in Texas. Southern Company operates Alabama Power, Georgia Power, and Mississippi Power, along with Southern Company Gas – which consists of Nicor Gas, Atlanta Gas Light, Virginia Natural Gas, and Chattanooga Gas. Washington Gas is part of AltaGas, a Canadian corporation that owns another gas utility called SEMCO. 

    The amount raised by the Trump Vance Inaugural Committee was more than double the amount Trump raised for his previously record-setting inaugural committee in 2017. NextEra Energy, Southern Company, and Xcel Energy were utility industry donors to the Trump-Pence inauguration committee. NextEra donated $250,000, Southern Company donated $100,000, and Xcel Energy donated $25,000 in 2017.

    The Edison Electric Institute, the trade association for electric utilities, celebrated the inauguration by hosting a joint watch party with the Republican Governors Association, according to an invitation obtained by the watchdog group Documented. Sponsorship opportunities for the EEI-RGA Trump watch party ranged from $7,500 for placing a logo on drink koozies to $50,000 for having a logo displayed at the main bar along with branded cocktail napkins. 

    Edison Electric Institute Trump Watch PartyEdison Electric Institute Trump Watch Party

    While utilities largely avoided making contributions to presidential committees this past cycle, but WEC Energy Group’s We Energies Foundation donated $2 million to the host committee that funded last year’s Republican National Convention. WEC Energy is the parent company of several electric and gas utilities operating in the Midwest, including We Energies and Chicago-based Peoples Gas.

    After the attack on the Capital on January 6, 2021 that Trump and many Republican officials incited with false claims about the 2020 presidential election, several utilities announced a pause on political contributions. Southern Company, whose political action committee was among the top contributors to the 147 Republican members of Congress who voted to overturn the results of the 2020 presidential election, told EPI after the January 6 attack, “Our belief in government, respect for the democratic process and adherence to the rule of law always have been at the core of our engagement. We are constantly evaluating our efforts to ensure they are informed by those ideals and adhere to the uncompromising values we follow as a business – honesty, respect, fairness, integrity and the value of diversity. We will discontinue support for any official or organization that does not act in a manner consistent with these values.”

    Trump has spent his first months back in the White House  signing executive orders that judges have overturned as unconstitutional, and attacking judges and lawyers in ways that the president of the American Bar Association said puts the “bedrock principles of our democracy” and “rule of law” under “considerable duress.” 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNasdaq and AWS partner to move markets to the cloud
    Next Article Finance. Daniel Baal reconduit à la présidence du Crédit Mutuel Alliance Fédérale

    Related Posts

    Utilities

    Bourse de Milan : progression malgré les incertitudes sur les droits de douane, bonnes performances du secteur pétrolier et des utilities

    May 30, 2025
    Utilities

    Le président de BF Utilities démissionne

    May 29, 2025
    Utilities

    Utilities Down on Rotation Out of Sector — Utilities Roundup

    May 28, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    Télécharger Glary Utilities – CNET France

    August 16, 2020

    Glary Utilities à télécharger – ZDNet

    April 4, 2022
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    Stock Market Holiday Today: NSE, BSE closed today on account of Mahashivratri – Market News

    February 25, 2025
    Commodities

    China’s commodity imports show economy struggling for momentum: Report | World News

    August 7, 2024
    Finance

    Alkami Unveils the 2025 Playbook to Prepare Financial Institutions for the Future of Banking – FF News

    October 10, 2024
    What's Hot

    ‘Asia’s MicroStrategy’ Metaplanet secures ¥1 billion loan to acquire additional Bitcoin

    August 8, 2024

    Factory output impresses, but consumption weakens in China

    May 19, 2025

    Peach Property en perte l’année dernière -Le 24 mars 2025 à 19:00

    March 24, 2025
    Most Popular

    Nvidia developing flagship AI chip for Chinese market- Reuters By Investing.com

    July 22, 2024

    The most popular property for sale in Runcorn in March

    April 5, 2025

    Where are Soft Commodities Heading in Q3 and Beyond?

    July 16, 2024
    Editor's Picks

    K.C. Property Public Company Limited annonce des changements au sein de son conseil d’administration et de ses comités -Le 12 mars 2025 à 13:32

    March 12, 2025

    Strategy va émettre 2 milliards de dollars d’obligations pour acheter du Bitcoin (BTC)

    February 19, 2025

    Credas CEO recommends robust ID verification to fight financial fraud in property market

    April 4, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.