Utilities

S&P cited increased near-term capital needs in explaining the lowered outlook.

The sale follows the utility's successful initiation of two nuclear power units in the last 13 months.

New facilities should reduce and ultimately eliminate the authority's current $5 million a month operating loss.

LIPA's prepares to go to market with new leadership as it prepares to decide on its next power supply management services provider.

Oconee County using bond proceeds for a sewer that will benefit only some residents may violate the state constitution.

Concerns have been raised about audits related to nearly $2.9 billion of ratepayer-backed bonds sold for Oklahoma utilities in 2022.

The Biden administration's accelerated deadlines for exiting dirty energy like coal could pressure utilities already facing growing demand, the rating agency said.

The Water and Power Authority got good financial news from the U.S. Federal Emergency Management Agency but bad financial news from a federal court in Puerto Rico.

The WAPA board of directors says it is looking for a replacement who would start on July 1, when Andrew Smith says he will depart.

The authority is refunding its 2014A bonds to gain debt service savings.

Over $15 million in utility revenue bonds have been called into question.

The majority of the debt sold for the state's community choice aggregators came through CCCFA, a conduit issuer that ranked third among all issuers nationwide for volume issued in 2023.

The authority's CEO said it has no money for facilty maintenance.

CPS Energy, which provides electricity and natural gas in the San Antonio area, has a $1.05 billion revenue bond issue pricing in early June.

Hawaii Gov. Josh Green's last-minute attempt to resuscitate a bill that would have allowed Hawaii Electric Co. to issue debt, backed by a rate increase, failed.

With billions of federal funding available from the Infrastructure Investment and Jobs Act, one observer says it could be limiting the amount of municipal bonds issued by the sector.

The Intermountain Power Agency has warned that the measure, which is aimed at preserving the state's largest coal-fired power plant, poses risks to its bond-financed transition to cleaner fuels.

Intermountain Power Agency contends the bill passed by lawmakers, awaiting action by the governor, poses a risk to bonds it sold to finance a transition to cleaner fuels.

The authority is one of the few investment-grade U.S. issuers actively selling triple-tax-exempt paper.

The proposed $1 billion bond measure would fund port improvements needed to push the state's nascent offshore wind power industry forward.