Kansas regulator approves securitization for 2021 winter storm costs
The Kansas Corporation Commission approved a $92.7 million securitization for Atmos Energy. It had already approved $328 million for Kansas Gas Service.
Source: bondbuyer.com
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The Kansas Corporation Commission approved a $92.7 million securitization for Atmos Energy. It had already approved $328 million for Kansas Gas Service.
Kansas Gas Service is the third division of Tulsa-based ONE Gas, Inc., to participate in a state-sanctioned securitization related to Winter Storm Uri.
The KCC has approved a settlement agreement and financing order giving Kansas Gas Service authorization to issue securitized bonds to recover $328 million in deferred costs and associated carrying costs resulting from the 2021 winter storm.