NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles, CA Power System Revenue Bonds, 2026 Series B. The Outlook is Stable. The long-term rating reflects the stable operating and financial performance of the Power System of the Los Angeles Department of Water and Power (“LADWP”), which benefits from a large, mostly residential service area, with rising, though still affordable customer rates, a diverse generation mix, an
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