trending Market Intelligence /marketintelligence/en/news-insights/trending/EtysGkL9r5SVP5fIyd7yUw2 content esgSubNav
In This List

Nate downgraded to tropical storm after making landfall in Mississippi

Podcast

Next in Tech | Episode 94: Is it cloud versus datacenter?

Video

According to Market Intelligence, December 2022

Podcast

Private Markets 360° | Episode 1: The role of ESG in Private Equity

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes


Nate downgraded to tropical storm after making landfall in Mississippi

After making landfall in Mississippi on Oct. 7 as a Category 1 hurricane, Nate weakened early on Oct. 8 to a tropical storm and is expected to further weaken as it moves across land, the U.S. National Hurricane Center said in an advisory issued at 7 a.m. ET on Oct. 8.

Despite weakening substantially, the center warned that Nate, which currently has sustained winds of approximately 45 miles per hour, could cause a dangerous storm surge. The agency has issued a storm surge warning for certain coastal areas in Mississippi and Alabama.

As of 8 a.m. ET on Oct. 8, Southern Co. units Mississippi Power Co. and Alabama Power Company reported customer outages of approximately 8,000 and 71,000, respectively.

The National Hurricane Center forecasts that Nate will continue to move inland across the Deep South, Tennessee Valley and central Appalachian mountains through Oct. 9.