Utilities

The governor, in the final year of his term, asked lawmakers to approve reforms that would fix the Virgin Islands Water and Power Authority's balance sheet.

The city's Department of Water and Power, which saw spreads widen after last year's deadly wildfires, upsized a revenue bond deal amid strong investor interest.

Moody's cited the enterprise's exceptional cash position and strong debt service coverage.

The state's Local Government Commission approved the borrowing Tuesday.

The Northeast's offshore wind projects are battling to keep building again after the Trump adminstration cited national security to pause five leases.

U.S. electricity consumption has shifted from limited to rising growth due to the proliferation of data centers, which poses challenges for public power.

Stargate data centers in Michigan and Wisconsin illustrate the risks to municipalities of such projects and the growing backlash to data centers.

Omaha Public Power District will go to market the week of Jan. 5 with about $164 million of Series 2026A separate electric system revenue refunding bonds.

Moody's cited narrowing financial flexibility and declining debt service.

The New York Power Authority created a new in-state conduit issuer to maximize savings and benefits for New Yorkers on a prepaid electricity deal.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape

The utility responded that it is not eligible to declare bankruptcy.

The Fayetteville Public Works Commission bonds are to be priced competivitely Oct. 21.

The nearly-complete offshore wind power generation project can resume construction while it fights a stop-work order from the Trump administration.

The East Baton Rouge Sewerage Commission plans to achieve savings by refunding taxable bonds with tax-exempts.

Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.

Damage claims from the Eaton wildfire could wipe out the $21 billion fund created to protect utilities and their customers when an investor-owned utility's equipment is deemed responsible.

A new study indicates that the transition from coal to natural gas is resulting in deteriorating fiscal health in some communities and increases municipal bond yields.

The Illinois Municipal Electric Agency agreed with 29 of its 32 members on new contracts that last until 2055, but the holdouts include two large customers.