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Summary: PPL WEM Holdings PLC Dec 11 Product Image

Summary: PPL WEM Holdings PLC Dec 11

  • Published: December 2011
  • Standard & Poors

Abstract
The 'BBB' long-term corporate credit ratings on U.K.-based electricity holding companies PPL WEM Holdings PLC (BBB/Stable/A-2; PPL WEM) and PPL WW Holdings Ltd. (BBB/Stable/A-2; PPL WW) reflect the long-term corporate credit rating on their U.S.-based parent company PPL Corp. (BBB/Stable/--). Collectively, we refer to the U.K. group (PPL WEM and PPL WW) as PPL U.K. We analyze the U.K. group on a consolidated basis, taking into consideration the two holding companies and the four regulated networks: PPL WEM owns Western Power Distribution (West Midlands) PLC (BBB/Stable/A-2; WPD West Midlands) and Western Power Distribution (East Midlands) PLC (BBB/Stable/A-2; WPD East Midlands); and PPL WW owns Western Power Distribution (South West) PLC (BBB/Stable/A-2; WPD South West) and Western Power Distribution (South Wales)...

Companies mentioned in this report are: PPL WEM Holdings PLC,Western Power Distribution (East Midlands) PLC,Western Power Distribution (South Wales) PLC,Western Power Distribution (South West) PLC,PPL Corp.,PPL WW Holdings Ltd.,Western Power Distribution (West Midlands) PLC
Action: Review

Standard and Poors RatingsXpress Credit Research provides READ MORE >

PPL WEM Holdings PLC,Western Power Distribution (East Midlands) PLC,Western Power Distribution (South Wales) PLC,Western Power Distribution (South West) PLC,PPL Corp.,PPL WW Holdings Ltd.,Western Power Distribution (West Midlands) PLC

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