The current recovery in global power-sector investment is being driven not only by rising demand for power, but also by the huge levels of liquidity in global financial markets. How long will the...
Rising Unit Costs & Credit Quality: Warning Signals
With increasing unit costs, the financial prospects and credit outlook for many utilities will depend on their success in passing along such costs to consumers.
In Fitch’s view, the sector’s credit recovery is now fading, and investors should exercise greater caution regarding the power and gas sector.