Crockett Cogeneration, LP -- Moody's upgrades Crockett Cogeneration, LP's senior secured notes to B2 from B3; outlook is stable [Yahoo! Finance News]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Yahoo! Finance News
Factors that could lead to a downgradeThe rating could be downgraded if market heat rates decline again below the 7,000 level on a sustained basis, if there are sustained increases in carbon prices beyond 2021, if the project experiences chronic operating problems that cannot be addressed in a manageable timeframe, or if the DSCR is expected to hover well below 1.0x consistently. Also, Crockett's rating would be negatively affected if PG&E's credit quality were to severely deteriorate or if the project lost its Qualifying Facility QF) status.PROFILECrockett is a California limited partnership formed in 1986 to own and operate a 240 megawatt natural gas-fired electric power and steam cogeneration facility located at the C&H sugar refinery in Crockett, California. The entire electric output is sold to PG&E under a 30-year Power Purchase Agreement PPA) that expires in May 2026, and the steam is sold to C&H under a steam sales agreement that expires in 2026. The facility operates as a QF
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PCG
News
- PG&E, Edison, California Apply for $2 Billion US Grid Grant [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate GoalsPR Newswire
- What Young Employees In The Construction Trades Need To Know Now [Forbes]Forbes
- Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E CustomersPR Newswire
- What Is PG&E Corporation's (NYSE:PCG) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 2/22/24 - Beat
PCG
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- PCG's page on the SEC website