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Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Pinnacle West Capital Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 13 March 2025 in which we reassessed the appropriateness of the ratings i...

Arizona Public Service Company: Update to credit analysis

Our credit view of APS reflects high regulatory risk related to a pending rate case, a pressured financial profile because of adverse regulatory developments and elevated capex spending.

Arizona Public Service Company: Update following downgrade to A3

Our credit view of APS reflects the recent decline in the Arizona regulatory environment, weakened credit metrics and high capex, offset by strong existing cost recovery mechanisms.

Moody's announces completion of a periodic review of ratings of Pinnac...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Pinnacle West Capital Corporation. Global Credit Research- 15 Sep 2021. New York, September 15, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Pinnacle West Capital Corporation and other ratings that are associated with the same analytical unit.

Arizona Public Service Company: Update to credit analysis

Arizona Public Service operates in a largely supportive regulatory environment which has become challenged and is facing financial headwinds from increased capex.

Moody's announces completion of a periodic review of ratings of Pinnac...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Pinnacle West Capital Corporation. Global Credit Research- 12 Oct 2020. New York, October 12, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Pinnacle West Capital Corporation and other ratings that are associated with the same analytical unit.

Arizona Public Service Company: Update following negative outlook

APS' credit profile considers an Arizona regulatory framework that is generally supportive, but recognizes current regulatory challenges and financial pressure from its new capital program.

Arizona Public Service Company: Update to credit analysis

Our credit view of Arizona Public Service reflects a supportive regulatory environment in Arizona, with some recent challenges, and sound financial metrics.

Arizona Public Service Company: Update to credit analysis

Our credit view of Arizona Public Service reflects the constructive Arizona regulatory environment and a solid financial profile.

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