Summary: Kentucky Utilities Co. Sep 11
- ID: 1925297
- September 2011
- Region: Kentucky
- Standard & Poors
Standard & Poor's Ratings Services bases its rating on vertically integrated electric utility Kentucky Utilities Co. (KU) on the consolidated credit profile of ultimate parent PPL Corp., which includes what we consider to be an excellent business risk profile and aggressive financial risk profile. (For more on business risk and financial risk, see "Business Risk/Financial Risk Matrix Expanded," published May 27, 2009, on RatingsDirect on the Global Credit Portal.) In the U.S., holding company PPL Corp. consists of KU and other vertically integrated utility subsidiary Louisville Gas & Electric Co. (LG&E). In addition, PPL Corp. owns transmission and distribution electric utility PPL Electric Utilities Corp. (PPLEU) and PPL Energy Supply LLC, an unregulated generation subsidiary that has 10,760 megawatts of...
Companies mentioned in this report are:
- Kentucky Utilities Co.
- Louisville Gas & Electric Co.
- PPL Electric Utilities Corp.
- PPL Corp.
- Talen Energy Supply LLC
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