Portland Water District’s Bond Rating Upgraded to ‘AA+’ by S&P Global Ratings, and Aa3 by Moody’s
Portland Water District (PWD) is pleased to announce that S&P Global Ratings has raised its bond rating to ‘AA+’ from ‘AA,’ with a stable outlook. This upgrade reflects PWD’s abundant water supply, low rates, and strong financial metrics. PWD’s secure water resources, operational cost savings, rate-setting flexibility, and liquidity of reserves were key factors in…