Keeley Webster

P3 players are turning to smaller projects and taking on more partners, industry insiders told a Bond Buyer conference.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

S&P Global Ratings elevated Nevada's rating to AA-plus, two days after a Moody's upgrade.

The port saw a 19.1% year-over-year drop in port container traffic in October amid the trade war with China.

Santa Rosa escaped flames this year but still bears costs related to the nearby Kincade Fire.

Moody's Investors Service upgraded $1.2 billion of general obligation bonds to Aa1 from Aa2.

Lawmakers divided on using county funds to pay for Medicaid costs

The risk of damage from wildfires is generally more severe than the significant economic and social costs of a shutoff, Moody's says.

Competitive pricing and speed convinced the owners of the Carlsbad, California, plant to use a taxable bank loan instead of tax-exempt debt.

Politicians are reacting to public frustration about wildfires and planned electricity outages.

The California Infrastructure and Economic Development Bank agreed to issue $3.25 billion for the proposed line linking Vegas and Victorville, California.

One plan would convert the investor-owned utility into a customer-owned cooperative, while local governments and agencies look at municipalizing PG&E assets.

Most of the proceeds will refinance direct placement debt with bonds sold in the public markets.

Gavin Newsom vetoed legislation that would have created a commission to study adopting a machine-readable format for the state's financial documents.

California's largest-ever competitive taxable deal, which followed two upgrades, drew 10 or more bidders for each tranche.

Moody's lifted California to Aa2 ahead of plans to sell $1.1 billion of general obligation bonds.

The general obligation bond measure would allocate $9 billion to K-12 schools and $6 billion to the state's universities and community colleges.

The strength of the state’s credit profile, coupled with a supply-demand imbalance for tax-exempt bonds, has helped the state in the market, a new report says.

Bankrupt investor-owned utility PG&E was a factor in many of the bills approved to deal with the state's wildfire risk.