Water and sewer credit ratings incorporate an assessment of an entity’s resiliency to manage unexpected events, including cyberattacks, which could pose financial and operating risks that ultimately affect utility credit quality, Fitch Ratings says. Event risks like cyberattacks are considered asymmetric risks per Fitch’s criteria, and are viewed throughRead More

  By David Stewart Jones Pulling the manhole cover aside, the team of pipeline leak-detection specialists from Echologics looked down into the flooded underground chamber below. A local water utility crew pumped water from the chamber, slowly revealing valves and pipe fittings connected to a pair of underground 36-in. diameter cast-ironRead More