- Language: English
- 774 Pages
- Published: October 2012
- Region: Global
Summary: Niagara Mohawk Power Corp. Sep 07
- Published: September 2007
- Standard & Poors
The ratings on Niagara Mohawk Power Corp. reflect the consolidated credit profile of its parent, National Grid USA, which in turn is an indirect, wholly owned subsidiary of U.K.-based National Grid PLC (NG), and its U.S.-based regulated operating unit, the August 2007 acquisition of KeySpan Corp., and its subsidiaries. The corporate credit ratings of the two New York distribution companies KEDNY and KEDLI are rated one notch higher than the consolidated corporate credit rating to reflect the presence of strong regulatory insulation and their stand-alone financial profiles. The ratings on NG and its subsidiaries continue to reflect the strong, predictable cash flows generated by the group's low-operating-risk electricity and gas network operations in the U.K. and the U.S. National Grid...
Companies mentioned in this report are: Niagara Mohawk Power Corp.,National Grid USA,National Grid PLC
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Niagara Mohawk Power Corp.,National Grid USA,National Grid PLC