BTU’s Fitch Ratings upgraded to AA
BRYAN, Texas (KBTX) – BTU is celebrating an upgraded ranking. Fitch Rankings, which is a credit ranking agency, has bumped BTU’s rating from AA- to AA.
BTU says this is due to their financial performance despite navigating challenging circumstances like the February 2021 winter storm.
Here’s why it matters for you. High credit ratings and outlooks translate to cost savings for BTU and ultimately its customers.
With high ratings, BTU can obtain bonds at the least possible cost, saving a significant percentage in interest over the life of the bonds.
