Moody's Ratings (Moody's) today affirmed the Baa1 senior unsecured rating of Public Service Co. of North Carolina, Inc. (PSNC). The rating outlook is stable. A complete list of rating actions is included at the end of this press release. RATINGS RATIONALE "The affirmation of Public Service Co. o...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Rating Action: Moody's upgrades SCANA to Baa3 and DESC to Baa2; downgrades PSNC to Baa1. Global Credit Research- 30 Jan 2020. New York, January 30, 2020-- Moody's Investors Service, today upgraded the long-term ratings of SCANA Corporation and Dominion Energy South Carolina, Inc. and upgraded the short-term commercial paper rating of DESC to P-2 from P-3.
We are reaffirming our $56 per share fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after South Carolina regulators approved Dominion's proposed acquisition of Scana and Dominion's proposed nuclear project customer rates with no material changes. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Our fair value estimates now reflect certainty that the deal as proposed will cl...
We are reaffirming our $56 fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after the companies and other parties filed their proposed orders with South Carolina regulators on Dec. 10. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Although all parties support Dominion's all-stock acquisition of Scana, regulators must resolve several new nuclear project ratemaking issues th...
We are reaffirming our $56 per share fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after South Carolina regulators approved Dominion's proposed acquisition of Scana and Dominion's proposed nuclear project customer rates with no material changes. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Our fair value estimates now reflect certainty that the deal as proposed will clo...
We are reaffirming our $56 fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after the companies and other parties filed their proposed orders with South Carolina regulators on Dec. 10. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Although all parties support Dominion's all-stock acquisition of Scana, regulators must resolve several new nuclear project ratemaking issues t...
We are reaffirming our $56 fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after the companies and other parties filed their proposed orders with South Carolina regulators on Dec. 10. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Although all parties support Dominion's all-stock acquisition of Scana, regulators must resolve several new nuclear project ratemaking issues th...
U.S. electricity demand has flatlined during the last decade, but we think it will spring to life. We forecast three emerging electricity demand sources—data centers, electric vehicle charging, and marijuana production—will approach 6% of total U.S. electricity demand by 2030, offsetting energy efficiency gains and resulting in 1.25% total annual electricity demand growth through 2030. We are reaffirming our fair value estimates and moat ratings for all U.S. utilities. Utilities will have ...
U.S. electricity demand has flatlined during the last decade, but we think it will spring to life. We forecast three emerging electricity demand sources—data centers, electric vehicle charging, and marijuana production—will approach 6% of total U.S. electricity demand by 2030, offsetting energy efficiency gains and resulting in 1.25% total annual electricity demand growth through 2030. We are reaffirming our fair value estimates and moat ratings for all U.S. utilities. Utilities will have t...
We are reaffirming our $56 fair value estimate for Scana and our $84 fair value estimate for Dominion Energy after the companies presented a third merger deal this past weekend that appears to have won support from key opponents. We are reaffirming our narrow moat and stable moat trend ratings for Scana and our wide moat and stable moat trend ratings for Dominion. Our fair value estimates continue to reflect a 75% probability that the merger will receive regulatory approval and close in early 2...
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