RBC | Tri-State commented on its operational and financial performance during last month’s widespread winter storm, and also noted an improved outlook from S&P Global Ratings.
Initial analysis on the operational and financial impacts from the Feb. 13-17 winter storm, which has created financial difficulties for utility services providers in many parts of the U.S., show that the storm had an immaterial financial impact on Tri-State. No wholesale rate increase will be required or passed…