cash flow

In the wake of the implementation of the 2017 Tax Cuts and Jobs Act (TCJA), many utilities and their holding companies are experiencing increasing pressure on cash flow due to the elimination of bonus

For the first time since it began conducting sector outlooks, Moody’s Investors Service has downgraded the regulated utility sector from stable to negative. The new outlook reflects a surge in financial risks in the sector as more individual companies in the regulated space funnel funds to debt. Using an analysis of 42 of the largest […]