The IIP and PTF programs each featured approximately $100 million of investments in substations, communication networks, distribution automation, and reclosers that collectively supported ACE’s continued efforts to build a stronger, smarter, and cleaner distribution system that delivers safe and reliable service to its customers.

Retained as Independent Monitor for both programs, Pegasus-Global assessed the execution and delivery of the grid resiliency and modernization initiatives, providing quarterly status reports reviewing the cost and schedule performance and other key factors to the Company and its regulators.