Industry Report Card: U.S. Electric Power Cooperatives Jan 06

  • ID: 1710684
  • January 2006
  • Region: United States
  • Standard & Poors
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  • Arkansas Elec Coop Corp
  • Brazos Elec Pwr Coop
  • Central Iowa Pwr Coop
  • Dairyland Pwr Coop
  • Oglethorpe Pwr Corp
  • Square Butte Elec Coop
  • MORE

The credit quality of the U.S. electric cooperative sector ended 2005 strongly investment grade and stable. Only two rating actions, both outlook revisions, have occurred since the prior report card was issued in November 2005, for a total of five actions for the entire year. Standard & Poor's Ratings Services revised its outlook on the issuer credit ratings (ICRs) of Buckeye Power Inc. and subsidiary Buckeye Generating Power LLC, on Dec. 12, 2005, to stable from negative. Standard & Poor's also revised the outlook on Chugach Electric Association's ICR to stable from negative on Dec. 23, 2005. The outlook change for Buckeye follows better-than-expected financial performance that resulted in a significant improvement in debt service coverage. The revision for Chugach's...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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- Dairyland Pwr Coop
- Arkansas Elec Coop Corp
- Basin Elec Pwr Coop
- National Rural Utilities Cooperative Finance Corp.
- Hoosier Energy Rural Elec Coop Inc
- Oglethorpe Pwr Corp
- Buckeye Pwr Inc
- Tri-State Generation & Transmission Assn
- Associated Elec Coop Inc
- Seminole Elec Coop
- Central Iowa Pwr Coop
- PowerSouth Energy Cooperative
- Old Dominion Elec Coop
- Square Butte Elec Coop
- Wabash Vy Pwr Assn
- Chugach Elec Assoc
- Vermont Elec Coop Inc
- Georgia Transmission Corp.
- Central Elec Pwr Coop Inc
- Western Farmer's Elec Coop
- Cobb Elec Membership Corp
- Diverse Pwr Inc
- Great River Energy
- Brazos Elec Pwr Coop
- Brunswick Electric Membership Corp

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown


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