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R.I. Airport Corp. earns Moody’s credit upgrade, clears state debt review

WARWICK – The Rhode Island Airport Corp. closed out 2025 with two high-profile financial endorsements, earning a state validation of its borrowing practices and...
WORK CAN once again resume on Orsted’s Revolution Wind after a federal judge blocked the federal offshore wind pause on Monday. / AP FILE PHOTO/MICHAEL DWYER

Revolution Wind allowed to resume work after judge blocks federal order

PROVIDENCE – Orsted A/S won a key legal victory Monday as a federal judge temporarily blocked the Trump administration’s order to pause on offshore...

Fitch upgrades R.I. credit, bond ratings ahead of June 9 sale 

Chipping away at the state’s unfunded pension liability has strengthened Rhode Island’s financial footing, according to Fitch Ratings.  The credit ratings agency recently upgraded its...

S&P downgrades rating on Woonsocket’s water revenue bonds

WOONSOCKET – S&P Global Ratings lowered its long-term rating on Woonsocket's water revenue bonds to “BBB+” from “A-” and removed the rating from CreditWatch,...
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