More 2021 Polar Vortex Fallout: Securitization Bills, Not Satisfying Rating Methodologies Requirements, Unlikely to Get Highest Possible Ratings
By EsqSocial Corporation 27/04/21
In the aftermath of Winter Storm Uri and the market turmoil that ensued, legislation that contemplates using securitization to potentially fund related economic damages and other dislocation has been proposed in both Texas and Oklahoma; however, in many cases, the proposed legislation does not contemplate critical requirements under the applicable rating agency methodologies....
By: Mayer Brown - Energy Forward