(Reuters) - "Despite a heightened level of activity on all fronts, ratings on the bulk
of the Canadian utility sector remain solidly investment-grade with either
stable or positive outlooks," says Standard & Poor's credit analyst Nicole
Martin. The report card, entitled "Powerful Results: Canadian Utilities' Credit
Stays Stable During Growth Spurt," was published earlier today on
RatingsDirect.
Expected capital spending on infrastructure growth of both energy delivery
and electricity generation assets began to ramp up in 2006. With more projects
in the pipeline, we expect elevated spending levels in the sector to continue
for several years. Some projects are experiencing delays as companies try to
navigate multifaceted Canadian regulatory approvals.
Read more at Reuters.com Bonds News
of the Canadian utility sector remain solidly investment-grade with either
stable or positive outlooks," says Standard & Poor's credit analyst Nicole
Martin. The report card, entitled "Powerful Results: Canadian Utilities' Credit
Stays Stable During Growth Spurt," was published earlier today on
RatingsDirect.
Expected capital spending on infrastructure growth of both energy delivery
and electricity generation assets began to ramp up in 2006. With more projects
in the pipeline, we expect elevated spending levels in the sector to continue
for several years. Some projects are experiencing delays as companies try to
navigate multifaceted Canadian regulatory approvals.
Read more at Reuters.com Bonds News
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