“we plan to issue $1 billion of equity in the holding company by 2025 as part of a balanced funding strategy.”

In context

“ed women and men who contributed to this project and all the constituents engaged in this -- 0:24:28.9 .each fader have BGE opted to replace the segment with overhead transmission lines, because the environmental impact was minimal, and it was cost effective and better supported the Port of Baltimore shipping operations, while having the greatest potential for local and domestic job creation. This project perfectly embodies our mission of providing clean, reliable, affordable and innovative solutions to all our key stakeholders. Lastly, I want to provide an update on our balance sheet, which we committed to keeping strong to support the investments made for the benefit of our customers and communities. As we announced in February of 2021, and reaffirmed as recently as last quarter’s call, we plan to issue $1 billion of equity in the holding company by 2025 as part of a balanced funding strategy. We are establishing a $1 billion ATM program. And we plan to issue $500 million of equity in 2022 leveraging either the ATM program or at one time offering or some combination of both methods. We will complete the remaining $500 million in 2023 to 2025. And we commit to continuing to update you as we make progress on these points. Beyond our equities complaints, as we noted in the first quarter, we have completed our long-term debt financings at corporate for the year, there is no change to our expectation and our consolidated corporate metrics will average 13% to 14%. At both S&P and Moody's over the 2022 to ‘24 period. And with a number of financings completed this quarter at our utilities, we continue to benefit from robust demand for that debt backed by extremely strong credit ratings”