DJ S&P Downgrades California Utilities -- Market Talk
12:56 ET - S&P Global Ratings has downgraded its credit ratings for Edison International and its subsidiary, Southern California Edison, as well as San Diego Gas & Electric as part of a reassessment of the risks facing California utilities. The ratings agency says the downgrades reflected the utilities' continued exposure to wildfire-related liability risk. The downgrades follow PG&E's disclosure that it intends to file for Chapter 11 bankruptcy protection at the end of the month. (katherine.blunt@wsj.com)
(END) Dow Jones Newswires
January 22, 2019 12:56 ET (17:56 GMT)
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DJ標準普爾下調加州公用事業公司評級-市場談話
12:56標準普爾全球評級公司下調了其對愛迪生國際公司及其子公司南加州愛迪生公司的信用評級,以及聖迭戈燃氣和電力公司,作為對加州公用事業公司所面臨風險的重新評估的一部分。該評級機構表示,評級下調反映了公用事業機構繼續面臨與野火相關的責任風險。評級下調之前,PG&E披露計劃在本月底申請破產保護。(katherine.blent@wsj.com)
(完)道瓊斯通訊社
January 22, 2019 12:56 ET (17:56 GMT)
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