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TVA achieves 'even better' results in Q1 of FY'17, CEO says

Feb 01, 2017 - SNL Energy Finance Daily

The Tennessee Valley Authority improved its financial and operational performance in the first quarter of fiscal year 2017, compared to 2016, according to utility President and CEO Bill Johnson.

Speaking on TVA's first-quarter fiscal 2017 earnings call Jan. 31, Johnson noted that when the federal utility closed its books on 2016, performance had been "very strong," and said that momentum was carried into the next fiscal year to achieve "even better results."

The Tennessee Valley has ...