More Arizona companies shift to employee-owned model

Three Arizona-based companies are transitioning into a new ownership structure, including one of the largest commercial contractors in the state.Willmeng Construction Inc., one of the largest private companies in the state, unveiled its plans in November to launch an Employee Stock Ownership Plan, or ESOP, marking the 100th company in the Grand Canyon state to…

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Arizona Utilities Plan to Join Markets+ to Strengthen Grid Reliability and Resilience

Customers to benefit from more savings, greater resource diversity and expanded transmission pathways PHOENIX & TUCSON, Ariz., November 25, 2024–(BUSINESS WIRE)–Today, Arizona Public Service (APS), Salt River Project (SRP), Tucson Electric Power (TEP) and UniSource Energy Services announced plans to join Southwest Power Pool’s (SPP) Markets+, a day-ahead and real-time energy market that is anticipated…

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