Credit agency favors moves by Tampa Electric’s parent company
June 28, 2019 - Moody's Investors Service has affirmed the credit ratings of Emera Inc. and changed its outlook to stable from negative. The ratings affirmation and change in outlook reflects Emera's actions over the last two years to pay down holding company debt, strengthen the company's business risk profile, sell assets and continue to improve financial metrics, Moody's said in a news release. Emera is the parent company of Tampa Electric and Peoples Gas.