Post Tagged with: "Colorado River"

Fitch: Challenges Ahead for Utilities, But Not Enough to Weaken Ratings

Fitch: Challenges Ahead for Utilities, But Not Enough to Weaken Ratings

December 22, 2021 at 6:00 am 0 comments

By Doug Scott U.S. water and sewer utilities will see some weakening in their financial profiles over the next several months, effectively reversing a trend of steadily declining leverage in recent years as utilities limited the rate of debt growth and posted robust operating margins. Part of the reason forRead More

Historic water shortage declared for Colorado River

Historic water shortage declared for Colorado River

August 17, 2021 at 4:29 am 0 comments

The U.S. Bureau of Reclamation, the federal agency that oversees Colorado River operations, declared a “Tier 1” water shortage at Lake Mead on the Colorado River, underscoring the severity of the deepening drought and climate crisis across the West. This is the first time in the river’s history that a TierRead More