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Moody’s Ratings has assigned an Aa1 rating to New Braunfels Utilities’ proposed $134 million Utility System Revenue Refunding Bonds, Series 2025, and reaffirmed the Aa1 rating on all existing senior lien revenue debt.
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Fitch Ratings affirmed the A+ outlook on $1.74 billion in utility system revenue bonds for Gainesville Regional Utilities on May 9, citing a strong financial profile due largely to a “significant” reduction in the utility’s general fund transfer payments to the city and affordable rates.
Vistra Corp. on May 15 announced that it has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners.
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables. The report, titled "Turbocharged vs turbo lag: The new landscape for gas
As Ryan Kornegay, an apprentice with Florida public power utility JEA, prepares to take the next step in his career and become a JEA lineworker, his choice of profession flows from a family with a long history in lineworking. Kornegay has won APPA’s Overall Apprentice Award at the Lineworkers Rodeo
The American Public Power Association on May 12 filed joint comments with the American Public Gas Association and National Rural Electric Cooperative Association in response to the Office of Management and Budget’s (OMB) notice and request for information on ideas for deregulation.
City Utilities of Springfield, Mo., has launched CU Peak Rewards, a new voluntary program designed to reduce electric usage during peak times, such as periods of extreme weather.
The Kissimmee Utility Authority board of directors interviewed eight applicants recently to fill an upcoming vacancy on the five-member volunteer utility board.
For the first time, ISO New England has issued detailed predictions for electricity consumption and peak demand 20 years into the future.