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E.ON U.K. PLC Jul 10 Product Image

E.ON U.K. PLC Jul 10

  • ID: 1786722
  • July 2010
  • Region: United Kingdom, Great Britain
  • Standard & Poors

FEATURED COMPANIES

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

Abstract
Stable and predictable operating income from distribution networks. Integrated electricity operations underpin strong market position. Support of 100% owner, E.ON AG. Exposure to competitive power generation and supply segments amid a highly competitive U.K. market. Sizable capital expenditures program. The ratings on U.K.-based vertically integrated energy utility E.ON U.K. PLC reflect Standard & Poor's Ratings Services' view of the company's position as a core part of its 100% parent, Germany-based E.ON AG (A/Stable/A-1) and its pan-European strategy. The parent has demonstrated its financial support for E.ON U.K. with a large equity injection of £1 billion in 2007 and the ongoing provision of substantial intercompany funding, representing virtually all of E.ON U.K.'s debt and liquidity support. We consider E.ON U.K.'s stand-alone...

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

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

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