Utility Bonds Under Pressure as LA Fires Challenge LADWP's Financial Stability

The recent wildfires in Los Angeles have sent tremors through the financial stability of the Los Angeles Department of Water and Power (LADWP), forcing the utility to confront significant challenges ahead as they navigate the implications of this disaster on their bond market. The catastrophic fires not only threaten the environment and communities but also the fiscal health of what is already a vulnerable sector in California.

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