|
|
 |
|
Viewing report
|
|
|
|
Bulletin: LPSC Cost Recovery Plan Approvals Support Entergy Louisiana Credit Quality Aug 07
Standard & Poors, Aug 2007
Abstract
NEW YORK (Standard & Poor's) Aug. 3, 2007--Standard & Poor's Ratings Services said today that the Louisiana Public Service Commission's (LPSC) approval of a plan to allow Entergy Louisiana LLC (ELL; BBB/Stable/--) and Entergy Gulf States - Louisiana (EGSI-LA; part of Entergy Gulf States Inc., BBB/Stable/--) to recover storm restoration costs, as well as future storm reserve costs, supports the companies' individual credit profiles, as well as the consolidated credit profile of parent Entergy Corp. The plan allows ELL to recover $545 million in storm restoration costs and EGSI-LA to recover $187 million. Furthermore, the plan allows for recovery of future storm reserve costs of $152 million for ELL and $87 million for EGSI-LA. Providing further support, the LPSC also...
Companies mentioned in this report are: Entergy Louisiana LLC
Action: Bulletin
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
