Southeast

The North Alabama operator priced $190 million of revenue bonds Aug. 29 to support among other things the purchase of an orthopedic physicians' practice.

Sports wagering is forecast to increase the state's revenue by about $23 million a year when it's fully implemented. Retail locations open this week and mobile applications go online at the end of the month.

Investor-owned Georgia Power will recover from ratepayers capital costs for the over-budget construction of two new nuclear reactors, if a state board approves.

While Idalia caused major damage to some municipalities, it had less of an impact than feared since it hit less densely populated areas than Hurricane Ian did last year.

The firm Kestrel verified the green bond component of the deal, which priced Aug. 16.

While muni buyers will see a meager slate of new issues this week, Jacksonville, Florida, heads to market with a sale of over $290 million of revenue and refunding bonds.

The region's issuers sold $30.3 billion of municipal bonds in the first half of 2023, 29.9% less than they did during the same period last year

The $1.4 billion span would mark the second major bridge that the two states have built together following the $2.6 billion Ohio River Bridges project that opened in 2016.

The upgrade to "reflects the durability of margins and liquidity, which will be supported by higher property tax receipts under the authorized levy and NBHD's efforts to grow and diversify revenue," Moody's said.

The state did not rule out a future public-private partnership but said it's current focus is on public funds.