Lege TREND. Utility Credit Ratings + Wild Fires = Battery Storage Project Decline

Wild fires in California coupled with utility liability issues have lowered credit rating issues from S&P Global Ratings.

S&P Global Ratings suggested action on state backed debt for utilities.

Without state backed debt, lower credit ratings mean less access to financial capital to pursue battery storage projects.

Press Telegram | A political firestorm is about to hit the Capitol: Who will pay for wildfire damages?