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Tag Archives: cost overrun

Fitch gives Mississippi Power a negative outlook due to Kemper plant

GULFPORT — Fitch Ratings has affirmed the issuer default rating (IDR) and security ratings for Southern Company, and has affirmed the IDRs and debt ratings for Southern Company’s subsidiaries. The rating outlook for all of the subsidiaries is stable, except for Mississippi Power, which remains negative. Fitch wrote: “The key near-term uncertainty at Mississippi Power remains the execution risk associated ...

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Health Department issues CONs, including one for cost overrun

CORINTH and CLINTON — The Mississippi State Department of Health (MSDH) has issued certificates of need (CONs) for two projects. Magnolia Regional Health Center of Corinth received CON authority for the amendment/cost overrun to CON #HG-RC-0910-032; R-0828 (construction, renovation, relocation and expansion of a health care facility). The original capital expenditure for this project was $22,528,128. The additional capital expenditure ...

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CONs issued for two hospital projects; one for $1.2M cost overrun

SOUTHAVEN and GREENWOOD — The Mississippi State Department of Health has issued certificates of need (CONs) for projects at two Mississippi hospitals. MSDH issued a CON to Baptist Memorial Hospital-DeSoto in Southaven to add therapeutic radiation equipment to its existing radiation services at the hospital. Baptist Memorial Hospital proposed to increase the number of radiation therapy units that are used ...

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