Despite Financial Hurdles, Utility Capital Spending to Remain Elevated
Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing. The credit ratings agency for the first time this […]
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