Moody’s reaffirms stable outlook for GPA

TAMUNING, Guam — Moody’s Investment Services reaffirmed the Guam Power Authority’s revenue bonds rating of Baa2, citing a strong stable outlook.

                 The ratings cited a strong liquidity profile and an increase in GPA’s customer base, resulting in a solid 2016 financial performance.

                 GPA hopes for an upgrade of the bond ratings in the near future with the planned diversification of its resource mix through the construction . . .

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