Alabama’s largest water utility, already hit with a credit ratings downgrade, must submit long-sought reports or face even more significant consequences.
S&P Global last month gave managers at Central Alabama Water 30 days to answer a series of questions. It remains unclear if the utility has complied and inquiries by AL.com have gone unanswered.
S&P Global Feb. 11 bumped the utility’s credit rating down from AA to to AA- and placed it on credit watch for negative implications…