CHICAGO — Investors who hold some of the $4.5 billion of revenue bonds issued for the controversial coal-fired Prairie State Energy Project can take heart that its long-term economics remain favorable for participating public power agencies despite cost overruns, says Moody’s Investors Service.

The project’s worth provides incentive for the ongoing support of its joint-power authority owners, Moody’s said in its latest report on the project published in a compilation of infrastructure-related research. Strong contracts securing the Prairie State debt provide rating stability and also should help allay investor concerns.

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