Moody’s assigns Aaa ratings to PSE&G Co.’s stranded cost securitization

Moody’s expects stranded cost volume to surge to $10 billion in 2001, powered by a backlog of transactions and new issuance that has worked through the legal and regulatory process. The issuance of the PSE&G bonds is an integral part of New Jersey’s electric deregulation program.

ROCHESTER, N.Y., Jan. 31, 2001 –, an Application Service Provider (ASP) of online energy procurement, data acquisition, and data analysis for U.S.-based commercial and industrial businesses, and a service provider to industry stakeholders, announced today that it will launch a web-based RFP (Request for Proposal) platform that will complement its existing bid platform.

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