November 11
Though the thousand-plus utility execs and financial community folks were running around like crazy for three days at the Edison Electric Institute's annual financial conference, to fit in just one more analyst meeting about a utility's performance and prospects, many took the time as they do each year to attend the Moody's Breakfast Briefing. This year's featured deeply insightful sessions on Moody's take on the cybersecurity risks utilities face, the California wildfires challenge for California utilities, and utility rates of return in an era of low and possibly negative interest rates. Of particular interest, Managing Director Jim Hempstead spoke about how thoroughly Moody’s is reviewing cyber risks and Senior Credit Officer Toby Shea evaluated for the audience, in detail, California’s wildfire fund.
Lead image: Jim Hempstead.