Energy industry

Fitch Ratings dropped the South Carolina utility’s rating two notches to A-minus and revised the outlook to negative, citing a legal claim by its largest customer.

Potential federal oversight of public utilities, rising costs, and lawsuits create volatility for utility market investors, Fiera Capital says.

Dominion Energy said its management offer can be structured to preserve Santee Cooper’s tax-exempt status.

Under the mPower program, loans for energy retrofits are bundled into a revenue stream to back structured bonds sponsored by Placer Co., Calif. The program’s goal is in the spirit of energy efficiency and environmental sensitivity – a well-established policy in the state. Jenine Windeshausen, the county's Treasurer-Tax Collector and the county’s municipal advisor Kenneth Dieker of Del Rio Advisors review the program. John Hallacy is host.

The Port of Corpus Christi will team up with the Carlyle Group to finance a $1.2 billion oil export terminal designed to enhance the port's ranking as the top energy exporting hub.

Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.

Moody's Investors Service said Jacksonville's litigation to repudiate a power contract raises questions about its willingness to make good on obligations.

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

The ratings of four Southeast public power agencies were lowered due to uncertainty about future costs to build the new reactors.

The clock is ticking for California’s electricity providers -- public and private -- to convert to 100% carbon-free energy

Investor-owned Georgia Power made concessions to secure public power owners' agreement to continue construction of the Plant Vogtle nuclear project.

Oglethorpe Power said it will only support completing the new reactors at Plant Vogtle if the other three co-owners agree to a cap on future costs.

MEAG joins two other owners of the Plant Vogtle project voting to move forward; Oglethorpe Power has yet to decide.

Florida’s JEA has asked federal regulators to review its power purchase agreement with Georgia’s MEAG, a move that could delay lawsuits filed over the matter.

S&P placed the Florida utility’s bond ratings on CreditWatch Negative after JEA asked a court to void a power purchase agreement.

MEAG wants a power purchase agreement enforced against JEA, which says the agreement must be vacated because it wasn’t properly approved.

In the busy oil fields south of San Antonio, some big rig trucks sit empty.

Jacksonville-based JEA wants the Municipal Electric Authority of Georgia to vote against continuing the project.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.