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Magnolia Tribune

This article was produced by Magnolia Tribune staff.
News  |  Magnolia Tribune  • 
August 14, 2012

Mississippi Power’s credit rating cut by second agency – this time Moodys

Mississippi Power’s credit rating cut by second agency Two of the three major agencies have now cut ratings after the Mississippi Public Service Commission denied Mississippi Power a rate increase to pay off debt during construction of its $2.8 billion Kemper County power plant. Moody’s Investors Service cut its rating on about $1 billion in…