- Language: English
- 551 Pages
- Published: July 2010
- Region: Global, United States
Alliant Energy Corp. And Subsidiary Outlook Revised To Stable From Positive; 'BBB+' Ratings Affirmed Jan 12
- Published: January 2012
- Standard & Poors
Under our base forecast, we project that utility holding company Alliant Energy Corp.'s (Alliant) credit protection measures will weaken due to declining funds from operations because of the loss of bonus depreciation, leading to higher debt levels to fund capital investments. We have revised the rating outlook on Alliant and utility subsidiary Interstate Power & Light Co. (IPL) to stable from positive. In addition, we affirmed our 'BBB+' corporate credit ratings on Alliant and IPL and our 'A-' corporate credit rating on affiliate electric utility Wisconsin Power & Light Co. (WPL). The stable outlook is based on our expectations that management will continue to focus on its core utility operations and reach constructive regulatory outcomes to avoid any meaningful rise...
Companies mentioned in this report are: Alliant Energy Corp.,Wisconsin Power & Light Co.,Interstate Power & Light Co.
Action: Outlook: Stable
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.
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Alliant Energy Corp.,Wisconsin Power & Light Co.,Interstate Power & Light Co.