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Kentucky Utilities Co. Sep 08 Product Image

Kentucky Utilities Co. Sep 08

  • Published: September 2008
  • Region: Kentucky
  • Standard & Poors

FEATURED COMPANIES

  • E.ON SE
  • E.ON U.K. PLC
  • Kentucky Utilities Co.
  • LG&E and KU Energy LLC
  • MORE

Abstract
Stable electric utility operations (and associated cash flows) that benefit from a supportive regulatory environment; The implicit credit support provided by ultimate parent E.ON AG; and Consistently high customer-satisfaction ratings in its region. The reliance on the overseas parent for capital infusions and liquidity needs; and The ongoing need for capital infusions to meet environmental and other requirements. The ratings on Kentucky Utilities Co. (KU) are based primarily on parent E.ON U.S. LLC's credit profile. The ratings on E.ON U.S. are based primarily on the credit profile of its two operating utilities in Kentucky -- Louisville Gas & Electric Co. (BBB+/Stable/--) and KU -- and the company's focus on operating the fully integrated utilities. Implicit support from ultimate parent E.ON...

Companies mentioned in this report are:
- Kentucky Utilities Co.
- Louisville Gas & Electric Co.
- Western Power Distribution (East Midlands) PLC
- LG&E and KU Energy LLC
- E.ON U.K. PLC
- E.ON SE
- Powergen (East Midlands) Investments
- E.ON Energy Solutions Ltd.

Action: Review

Standard and Poors RatingsXpress Credit Research READ MORE >

- Kentucky Utilities Co.
- Louisville Gas & Electric Co.
- Western Power Distribution (East Midlands) PLC
- LG&E and KU Energy LLC
- E.ON U.K. PLC
- E.ON SE
- Powergen (East Midlands) Investments
- E.ON Energy Solutions Ltd.

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