The UAE Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
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Imperial Irrigation District, California; Combined Utility; Retail Electric May 11
Imperial Irrigation District, California; Combined Utility; Retail Electric May 11
- Published: May 2011
- Standard & Poors
Abstract
Standard & Poor's Ratings Services assigned its 'AA-' rating to Imperial Irrigation District (IID), Calif.'s $76.16 million series 2011B electric system revenue refunding bonds. At the same time, Standard & Poor's affirmed its 'AA-' long-term rating and underlying rating (SPUR) on the district's outstanding bonds secured by a net revenue pledge of the electric enterprise. The ratings reflect our view of: A service area that includes a significant but also diverse agricultural component that adds stability to the district's energy demands; A diverse power resource portfolio, including an increasing renewable energy component that totaled a district-estimated 7.5% of supply in 2010, projected by management to rise to 27% by 2015; Financial margins that remain extremely strong, with senior debt service...
Companies mentioned in this report are: Imperial Irr Dist
Action: New Rating
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Imperial Irr Dist
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |
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