Inquiry Not Likely to Harm CRRA's Rating, Analysts Say

Piazza, Johanna
August 2003
Bond Buyer;8/27/2003, Vol. 345 Issue 31707, p1
Trade Publication
Reports that according to U.S. securities industry analysts, a grand jury investigation focusing on the 2001 agreement between the Connecticut Resources Recovery Agency (CRRA) and Enron should not affect the waste-to-energy authority's credit rating, citing the quasi-state agency's strong hold on the market and a reorganization of its management. Nature of the transaction between the CRRA and Enron; Launch of the investigation in Danbury Superior Court; Impact of the 2001 transaction on CRRA; Changes in the management of CRRA since the transaction.


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