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.
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Research Type: Full Analysis