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NYSE:LGES 20 May 2026

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

OCI Energy and CPS Energy have started construction on a 120-megawatt battery storage project in southeastern Bexar County, moving a long-planned grid resource into the build phase as San Antonio’s public utility deals with longer outages and rising power demand. The Alamo City Battery Energy Storage System, or BESS, is meant to charge when power is available and discharge when electricity demand is high. The timing is the point. CPS Energy’s own board materials show average customer outage duration rose to 75.38 minutes in calendar 2025, missing a 64.15-minute target, while more frequent storms, equipment failures and safety-related circuit shutdowns hurt performance.
20 May 2026

Stock Market Today

  • Intuitive Surgical Jumps $6.9 Billion Ahead of Q2, Still 30% Off January High
    July 2, 2026, 3:03 PM EDT. Intuitive Surgical (NASDAQ:ISRG) rallied 4.7% to $421.42, picking up about $6.9 billion in market cap on July 2 and narrowing some of the losses from its Jan. 7 top. But shares are still about 30% below the January $603.88 high, keeping the valuation gap at $65.6 billion. ISRG trades at 51 times trailing earnings and a forward P/E of 37.3. Consensus price target is $565, suggesting 34% upside. Q2 results land July 16, with focus on procedure volumes and da Vinci 5 installs. Sector names Boston Scientific, Stryker, and Medtronic all posted gains even as tech-heavy Nasdaq QQQ lost 2.3%.
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