Pinnacle West Capital launches at-the-market offering of up to $500 million of common stock

Filed August 4, 2026 · ~1 min read

Key Changes

• high

  Pinnacle West Capital Corporation is offering shares of common stock with an aggregate gross sales price of up to $500 million under an equity distribution agreement.

  The Offering verify on EDGAR →
• high

  The offering is an at-the-market program with no minimum amount; actual proceeds, commissions, and total shares sold are not determinable at this time.

  Use of Proceeds verify on EDGAR →
• medium

  Net proceeds will fund APS capital expenditures, repay commercial paper (parent had $104 million and APS $540 million outstanding as of June 30, 2026), or general corporate purposes.

  Use of Proceeds verify on EDGAR →