Texas Water Utility Debt to Rise. 3 Key Points.

Fitch Ratings found that Texas utility water facility related debt will continue to rise due to:

  • utilities need to invest in diversification of their water supplies
  • utilities have aging infrastructure to replace
  • Texas population and economy continues to expand

Bond Buyer | Aging Texas water facilities may require more debt 

Fidelity Investments | Aging Texas water facilities may require more debt