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The high court validated about $800 million of ratepayer-backed bonds to finance the recovery of fuel costs incurred by Oklahoma Gas and Electric Company (OG&E) during the February 2021 storm.
May 5
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Oklahoma joins Texas, Arkansas and Louisiana in allowing utilities to float securitized bonds to recover spending on fuel price spikes during Winter Storm Uri.
February 28
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The climate change pilot program fund has attracted more than 40 interested parties seeking $47 million of funding.
February 17
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Last week saw the first co-op securitization to finance storm costs, a $908 million deal that could set a national model for utilities.
February 7
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The Marshall Fire burned 6,000 acres in 24 hours and destroyed more than 1,000 homes in suburban Boulder County between Denver and Boulder.
January 24
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The weirdness of this storm adds yet another layer of complexity to the vexing problem of coping with climate change.
September 3
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Long-term damage to municipal credits in the powerful hurricane’s path is not likely, according to early reports from analysts.
August 31
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The question looms as to what point heightened wildfire activity becomes a significant risk for municipal debt.
July 29
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Voters in Texas' most populous county approved the flood control bonds after the devastation of Hurricane Harvey, but matching funds have been slow to arrive.
July 2
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S&P Global Ratings gave California an elevated risk in the environmental category on an ESG scorecard, partly because of wildfire risks.
July 1
