There are several important things for regulated utilities to understand and consider when evaluating future risks around coal capacity, including the size of the gap between market and book value for their assets, rate competitiveness versus their peers, and the long-term benefit of portfolio diversification. To read more, click the link below.
Nearly 100 utilities’ credit ratings downgraded since 2020 as wildfire risks grow
The article explains how nearly 100 utility companies have had their credit ratings downgraded since 2020 due to increased wildfire risks. This has made it...