How California Fires Affect Power Companies |
September 11, 2018 | September 2018 Bond Updates |
At the end of August California passed legislation that allows utilities to “securitize” billions of dollars in fire disaster liabilities. Companies will be able to issue bonds to cover fire damages, potentially even when they have failed to follow safety procedures, provided the CPUC agrees. |
View more at: https://www.forbes.com/sites/greatspeculations/2018/09/11/how-california-fires-affect-power-companies/ |