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Rising interest rates challenge utility financing plans, US Bank says
Original: Rising interest rates challenge utility financing plans, US Bank managing director says
US Bank's managing director for utilities says rising interest rates are making it harder for utility companies to carry out their financing plans, with higher borrowing costs squeezing capital investment programs. The remarks, reported by Utility Dive, point to growing pressure across the US utility sector as companies weigh how to fund infrastructure upgrades in a costlier credit environment.
Why now: Utilities and investors are reassessing capital plans as interest rates stay elevated.
US BankUtility DiveUS utility sector
Evidence
- Rising interest rates challenge utility financing plans, US Bank managing director says · Utility Dive
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