California’s GO bond rating lowered two notches to ‘A+’

The rating remains on CreditWatch with negative implications, where it was placed Jan. 19, 2001. Associated state appropriation-backed lease ratings are also revised, as well as those ratings for the California Health Facilities Construction Loan Insurance Fund (Cal Mortgage) that are secured by the full faith and credit of the state.

GOLDEN, COLO., April 24, 2001 – Researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory have surpassed a record for electricity produced by solar cells made from cadmium telluride – a development that could help meet expanding demand for solar systems.

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