Georgia Municipal Gas Authority, Gas Revenue Bonds (Gas Portfolio III Project), Series A, $121M Credit Rating

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Date	Document Type	Title	Source
15 Apr 2019	Sector Comment	Regulated electric utilities – US: California wildfire strike force report is credit positive, but details are still pending	Moody's Investors Service
15 Apr 2019	Sector In-Depth	Electric and Gas Utilities - US: California utilities struggle with inverse condemnation exposure	Moody's Investors Service
04 Apr 2019	Sector Comment	Sovereign – US: FAQ: The next US recession	Moody's Investors Service
03 Apr 2019	Sector In-Depth	Electric Utilities - US: Potential remedies to reduce California fire risk face competing interests	Moody's Investors Service
01 Apr 2019	Sector In-Depth	Infrastructure & Project Finance - US: PG&E PPA contracts: To reject or not reject	Moody's Investors Service
18 Mar 2019	Sector In-Depth	The State of the US Consumer (Q1 2019 Update) (Presentation)	Moody's Investors Service
13 Mar 2019	Sector In-Depth	Regulated water utilities - US: M&A expands to cross-sector deals, with mixed credit implications for acquirers	Moody's Investors Service
08 Mar 2019	Sector In-Depth	Public finance - US: Rating revisions: Upgrades top downgrades for fourth straight year in 2018	Moody's Investors Service
28 Feb 2019	Sector In-Depth	Regulated Utilities and Power - US: PG&E bankruptcy highlights environmental, social and governance risks in California	Moody's Investors Service
27 Feb 2019	Sector In-Depth	Cross-Sector: Accounting Spotlight: Misplaced operating cash flow	Moody's Investors Service
22 Feb 2019	Sector Comment	Cross-Sector – China: Level playing field pledges have little near-term credit impact, could be positive for government, business in long run	Moody's Investors Service
21 Feb 2019	Sector Comment	Cross-Sector: Accounting Spotlight: What to look for in 2018 corporate 10-Ks	Moody's Investors Service
31 Jan 2019	Sector Comment	P&C Insurance - US: PG&E's bankruptcy likely to lower lawsuit recoveries and generate liability losses	Moody's Investors Service
30 Jan 2019	Sector Comment	Power Generation Projects and Power Companies - US: PG&E bankruptcy contagion impacts selected commodity suppliers	Moody's Investors Service
25 Jan 2019	Sector Comment	Cross-Sector - Global: The pace of monetary policy normalization will likely slow in 2019	Moody's Investors Service
24 Jan 2019	Sector Comment	Public finance - District of Columbia, Maryland and Virginia: DC region, usually buttressed by federal presence, bears brunt of shutdown	Moody's Investors Service
18 Jan 2019	Sector Comment	Public-private partnerships and higher education - US: Project risks will vary widely as universities accelerate replacement of utility facilities	Moody's Investors Service
24 Dec 2018	Sector Comment	Infrastructure & Project Finance - Canada: Ontario's rating downgrade to have limited credit impact on PPP transactions	Moody's Investors Service
14 Dec 2018	Sector In-Depth	Regulated Electric & Gas Utilities - US: Capital expenditures will remain high, thanks to regulatory recovery mechanisms that provide timely recovery	Moody's Investors Service
12 Dec 2018	Outlook	Public finance - US: 2019 Outlooks	Moody's Investors Service
06 Dec 2018	Outlook	Airports - US: 2019 outlook remains positive but enplanement growth will slow	Moody's Investors Service
04 Dec 2018	Sector In-Depth	Regulated Electric and Gas Utilities - US: Climate-related disclosures by four major utilities vary in both depth and scope	Moody's Investors Service
27 Nov 2018	Sector In-Depth	Infrastructure & Project Finance – US: FAQ: City-operated CCAs, a next step for California's clean-energy transition	Moody's Investors Service
20 Nov 2018	Sector In-Depth	Airports - US: Fiscal 2017 Medians: Economic growth, lower fares underpin financial performance	Moody's Investors Service
12 Nov 2018	Sector In-Depth	Regulated Electric & Gas Utilities - US: LDC Utilities Exposed to Operational Hazards, But Sector Still Viewed as Low Risk	Moody's Investors Service
08 Nov 2018	Outlook	Unregulated power - US: 2019 outlook returns to stable as power prices stabilize, markets begin to balance	Moody's Investors Service
08 Nov 2018	Outlook	Regulated utilities - US: 2019 outlook negative amid growing debt and stagnant cash flow	Moody's Investors Service
07 Nov 2018	Sector Comment	Cross-Sector - US: Next Congress is unlikely to change direction of US policy	Moody's Investors Service
05 Nov 2018	Sector In-Depth	Regulated Electric and Gas Utilities - US: Renewable generation transition unlikely to create significant stranded asset risk	Moody's Investors Service
19 Oct 2018	Sector Comment	Infrastructure & Project Finance: California's change to electricity's cost allocation benefits investor-owned utilities and community choice aggregators	Moody's Investors Service
15 Oct 2018	Sector In-Depth	Public-private partnerships - Global: Problems transitioning to operations typically have limited impact on credit	Moody's Investors Service
12 Oct 2018	Sector Comment	Cross-sector : Municipal, utility and infrastructure issuers' strong credit quality will mitigate effects of Hurricane Michael	Moody's Investors Service
10 Oct 2018	Sector In-Depth	Power Generation Projects - US: Improving refinancing prospects for PJM merchant power generators	Moody's Investors Service
04 Oct 2018	Sector Comment	Project Finance - PPP: Projects resilient to Carillion's failure when supportive features were present	Moody's Investors Service
02 Oct 2018	Sector In-Depth	Cross-Sector - US: Trade, healthcare and immigration policy to remain in spotlight after midterm elections	Moody's Investors Service
17 Sep 2018	Sector In-Depth	Regulated electric and gas utilities - US: Cyber risk is on the rise, but the likelihood of government relief is high	Moody's Investors Service
17 Sep 2018	Sector Comment	Infrastructure & Project Finance: California will consume only carbon-free electricity by 2045, a credit negative for utilities and generators	Moody's Investors Service
14 Sep 2018	Sector Comment	Electric, gas and water utilities - US: Carolina utilities will be financially affected by Florence, but cost recovery provisions should sustain credit quality	Moody's Investors Service
04 Sep 2018	Sector Comment	Municipal electric utilities and G&T cooperatives - US: Proposed clean energy rule benefits public power and cooperative utilities with less efficient coal-fired generation	Moody's Investors Service
29 Aug 2018	Sector Comment	Cross-sector - Hawaii: Hawaii escapes negative effects of Hurricane Lane	Moody's Investors Service
21 Aug 2018	Sector In-Depth	Cross-sector - US: Expansion will negatively pressure airport credit profiles, but less impact on airlines	Moody's Investors Service
20 Aug 2018	Sector Comment	Cross-Sector - US: New US law widens restrictions on foreign investment in the US and exports of US-developed technology, a credit negative	Moody's Investors Service
31 Jul 2018	Sector Comment	Global Trade Monitor – July 2018: Escalation of global trade tensions becomes the baseline expectation	Moody's Investors Service
09 Jul 2018	Sector Comment	Unregulated E&G Utilities and Power Companies - United States: US energy regulator's modifications to bidding rules benefit fossil generators and other unsubsidized generation	Moody's Investors Service
18 Jun 2018	Outlook	Regulated utilities - US: 2019 outlook shifts to negative due to weaker cash flows, continued high leverage	Moody's Investors Service
14 Jun 2018	Sector In-Depth	Power generation - US: Coal, nuclear plant closures continue CO2 decline but power market impact muted	Moody's Investors Service
11 Jun 2018	Sector In-Depth	Cross-Sector – Puerto Rico: Weak economic recovery weighs on issuers as new hurricane season looms	Moody's Investors Service
01 Jun 2018	Sector Comment	Power Generation Projects & Power Companies: PJM capacity auction results are credit positive for most power projects and independent power producers	Moody's Investors Service
31 May 2018	Sector In-Depth	Higher education and infrastructure - US: FAQ on public-private partnerships in higher education	Moody's Investors Service
24 May 2018	Sector Comment	Regulated Electric & Gas Networks: Missouri's regulated utilities will benefit from new infrastructure investment legislation	Moody's Investors Service

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