Alabama

Three utility entities associated with the development of nuclear energy in Georgia have received better rating outlooks from S&P Global Ratings.

Delegates from Florida and Alabama are among those hunting for partnerships to cement their states' roles in the global aerospace industry.

The bill moved through votes in the Republican-controlled state legislature and onto the desk of a supportive Gov. Kay Ivey in just under a month.

The bill would bar the state from doing business with companies that apply ESG to investment decisions and/or "boycott" favored industries.

Alabama officials and private interests say large reserves of metallurgical coal, a necessary ingredient in steel production, will spell economic fortune.

Southeast states are generous with incentives for electric vehicle factories; less so for people and businesses who operate EVs.

Auburn University in Alabama is one of many schools and companies doing out research supported by the Biden administration to pursue commercial-grade fusion.

The Department of Agriculture announced that 64 projects by power cooperatives and utility companies to improve rural power systems were approved for loans.

An increase in the volume of tax-exempt bond deals for long-term, fixed-priced natural gas contracts may signal a turnaround in the prepaid energy market.

Local officials will now be able to access to revenue from a special tax levy previously reserved only for bonded debt to pay for capital improvements.

The upgrades follow Fitch's upgrade of Morgan Stanley, the guarantor to the gas supplier in all of the transactions.

Amendment 6, one of twelve proposed constitutional amendments the state's voters will decide Nov. 8, would give local officials more flexibility, supporters say.

Municipal bond issuers in the Southeast sold $40.7 billion of bonds in the first half of this year, a 6.3% year-over-year increase.

After a deal fell apart last year amid controversy over private prisons, the state returns with new underwriters and a traditional municipal finance structure.

Overall volume in the Southeast rose 1.8% last year even as taxable issuance plunged and refunding deals shriveled up.

Underwriter Cantone Research’s alleged fraudulent misrepresentations are tied to two defaulted bond offerings.

ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.

The lion's share of the deal is taxable, with a $20 million tax-exempt new money series; proceeds from the taxables will refund outstanding debt.

Ratios have moved into a higher, more favorable range, especially in the belly of the curve. The municipal calendar is building, led by taxables and refundings, after they dropped significantly in September.

Two other banks set to underwrite the $634 million bond issue dropped out of the transaction after facing pressure from activists and investors.