GLWA upgraded to “AA” category water related utility by S&P
DETROIT – The Great Lakes Water Authority (GLWA) recently received positive ratings actions from all three ratings agencies – S&P Global Ratings (S&P), Moody’s Investors Service (Moody’s) and Fitch Ratings (Fitch), including being recognized as an AA- rated water utility by S&P. These ratings represent the third round of positive ratings actions in three years.
“The positive ratings actions from the three ratings agencies underscore the value of the team we have assembled and collective hard work and dedication that has gone into making GLWA the provider of choice for water and wastewater services in Southeast Michigan,” said Sue F. McCormick, CEO, GLWA. “I am so proud of our team and am pleased that each rating agency took note of the continuing progress and improvements being made by GLWA.”