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Summary: IPALCO Enterprises Inc.

  • ID: 1787891
  • February 2009
  • Standard & Poors

FEATURED COMPANIES

  • IPALCO Enterprises Inc.
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Abstract
The ratings on IPALCO Enterprises Inc. reflect its consolidated credit profile including its regulated subsidiary Indianapolis Power & Light Co. (IPL). The ratings also reflect the company's excellent business profile and its highly leveraged financial profile. As of Sept. 30, 2008, the Indianapolis based IPALCO had about $1.7 billion of total debt outstanding. IPALCO through its regulated utility transmits, distributes, and sells electricity to more than 465,000 customers in the city of Indianapolis and neighboring areas within Indiana. The company also generates about 3,400 megawatts (MW) of which more than 75% is coal and the balance is either natural gas or oil. IPALCO is a subsidiary of AES Corp. (BB-/Stable/--), who is a global power company that owns and operates...

Companies mentioned in this report are: IPALCO Enterprises Inc.
Action: Review

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 READ MORE >

Note: Product cover images may vary from those shown

IPALCO Enterprises Inc.

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

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