|
|
 |
|
Viewing report
|
|
|
|
Alliant Energy Corp. Mar 05
Standard & Poors, March 2005
Abstract
Strong and stable domestic utility subsidiaries, Supportive regulatory environments in Wisconsin and Iowa, and Steady improvement in credit measures since 2002. Above-average business risk at the company's nonregulated subsidiary, Material nondiscretionary capital expenditures at the domestic utility subsidiaries, Dependence on external financing or uncertain asset sales to fund all growth-related capital expenditures and other nondiscretionary items, and Weak credit measures for the rating. The ratings on energy holding company Alliant Energy Corp. reflect the company's consolidated credit profile including subsidiaries, Interstate Power & Light Co., Wisconsin Power & Light Co., and Alliant Energy Resources Inc. (Resources). Madison, Wisc.-based Alliant Energy has roughly $2.9 billion in total gross debt outstanding. The ratings on Alliant Energy reflect the strength and stability of...
Companies mentioned in this report are: Alliant Energy Corp.,Wisconsin Power & Light Co.,Wisconsin Energy Corp.,NiSource Inc.,Alliant Energy Resources LLC,Cinergy Corp.,DTE Energy Co.,OGE Energy Corp.,Interstate Power & Light Co.
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 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: Full Analysis
|
|
|
|
