Regulated Utilities Still Can Raise Capital
Electric Light & Power
Though many financial experts rank the U.S. electric utility industry second only to the federal government in capital spending, Dee Ann Dorsey, told Electric Light & Power that the cost of capital for well-rated utilities is lower than it’s been in a long time. Andrew Gerber agreed, adding that utilities pre-fund their anticipated needs when capital is available at more favorable rates. Both Dorsey and Gerber focus their practice on capital markets.