Standard & Poor's increased PSE's credit rating to BBB from BBB-, and its secured bond rating to A- from BBB+, as a result of the deal. The upgrade is expected "to result in meaningful savings for PSE customers for years to come", the company says.
Investors buy Puget Energy in $7.4bn deal
Puget Holdings, a new consortium of Canadian and Australian infrastructure investors, has completed the $7.4bn acquisition of Puget Energy, the Pacific Northwest's largest hydropower producer.
12 February 2009 23:00 GMT
Updated
25 November 2012 9:23 GMT
By
