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Credit downgrade likely if Southern Company’s Georgia Power subsidiary buys Santee Cooper nuclear utility

Seeking Alpha 2nd Sept 2017, Moody’s has issued a warning that the decision by Southern Company’s
Georgia Power subsidiary to pursue its nuclear plant construction project
may lead to a credit downgrade. Moody’s raises questions about whether
Georgia Power can recover its costs. Credit concerns may affect Southern
Company’s ability to buy South Carolina utility, Santee Cooper.
https://seekingalpha.com/article/4103753-moodys-warns-continuing-southern-companys-plant-vogtle-nuclear-project-credit-negative

September 9, 2017 - Posted by | business and costs, USA

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