Pettigrew

New York Natural Gas Utilities Facing Credit Risks, Says Moody’s

New York Natural Gas Utilities Facing Credit Risks, Says Moody’s

Moody’s Investors Service said this week New York Gov. Andrew Cuomo’s intention to potentially revoke National Grid’s operating certificate unless it ends a New York City moratorium on new natural gas service is “credit negative” for all of the state’s investor-owned utilities.

November 20, 2019