CMEECConnecticut Municipal Electric Energy Cooperative
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Resolution of the Rating Watch is anticipated when the outcomes of CMEEC's internal investigation are known.
Certain elements at issue in the indictments -- the extravagance of costly off-site strategic planning trips in recent years -- were known to the community, members of CMEEC and Fitch prior to the announced federal charges.
The Rating Watch designation is related to the ongoing situation that is expected to be addressed through CMEEC's internal investigation.