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Fitch Ratings said it won't lower its ratings because of JEA's litigation attempting to shed a power purchase agreement with Georgia's MEAG.
October 18 -
The Georgia Supreme Court won't delay a referendum to de-annex half of Stockbridge, though the state's de-annexation law is still being challenged in court.
October 17 -
Moody's Investors Service said Jacksonville's litigation to repudiate a power contract raises questions about its willingness to make good on obligations.
October 12 -
Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.
October 12 -
The ratings of four Southeast public power agencies were lowered due to uncertainty about future costs to build the new reactors.
October 1 -
Investor-owned Georgia Power made concessions to secure public power owners' agreement to continue construction of the Plant Vogtle nuclear project.
September 27 -
Oglethorpe Power said it will only support completing the new reactors at Plant Vogtle if the other three co-owners agree to a cap on future costs.
September 25 -
MEAG joins two other owners of the Plant Vogtle project voting to move forward; Oglethorpe Power has yet to decide.
September 24 -
Florida’s JEA has asked federal regulators to review its power purchase agreement with Georgia’s MEAG, a move that could delay lawsuits filed over the matter.
September 19 -
S&P placed the Florida utility’s bond ratings on CreditWatch Negative after JEA asked a court to void a power purchase agreement.
September 17