Financial StrategyFinancially, storm securitization of potentially $1bn and $1.6bn from the Aquarion Water sale would help support metrics like FFO/debt and reduce equity needs of $1.8bn through 2029.
Project ProgressOrsted announced the project is 75% complete and the company reiterated that it is well-positioned for its role.
Regulatory EnvironmentSB4 repositions PURA to serve in an administrative-only capacity, which may help future rate proceedings move faster, reduce uncertainty, and more consistent.