- Language: English
- Published: October 2012
Interstate Power & Light Co. Feb 12
- ID: 2047967
- February 2012
- Standard & Poors
Predictable operating cash flow of a utility; Part of a larger regulated utility company; and Regulation that we consider more credit supportive. Aggressive capital spending; Dependence on supportive cost recovery during capital spending phase; and Weakening financial measures. Standard & Poor's Ratings Services bases its rating on Interstate Power & Light Co. (IPL) on the consolidated credit profile of holding company Alliant Energy Corp. Included in this assessment is an "excellent" business risk profile and a "significant" financial risk profile (as our criteria define the terms). Alliant, a regional utility holding company, owns electric generation and distribution and natural gas distribution utility subsidiaries IPL, which serves customers in Iowa and Minnesota, and Wisconsin Power & Light Co. (WPL), which operates...
Companies mentioned in this report are: Interstate Power & Light Co.,Wisconsin Power & Light Co.,Alliant Energy Resources LLC,Alliant Energy Corp.
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: Full Analysis
Interstate Power & Light Co.,Wisconsin Power & Light Co.,Alliant Energy Resources LLC,Alliant Energy Corp.