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DPL Inc. May 12 Product Image

DPL Inc. May 12

  • Published: May 2012
  • Standard & Poors

FEATURED COMPANIES

  • AES Gener S.A.
  • AES Ironwood LLC
  • Dayton Power & Light Co.
  • DPL Inc.
  • IPALCO Enterprises Inc.
  • Red Oak Power LLC
  • MORE

Abstract
Cumulative enhancements that insulate it from its lower-rated parent, AES Corp.; Prospectively manageable construction program; and Generally low-cost generating facilities. Increasing retail competition; Greater dependence on unregulated retail energy segment cash flows; A weakened, albeit stabilizing, economy in Dayton; Limited fuel diversity, virtually all coal-fired; and Aggressive debt leverage. Standard & Poor's Ratings Services' ratings on DPL Inc. reflect its consolidated credit profile, which includes its association with the weaker credit quality of its new parent, AES Corp. (BB-/Stable/--). DPL is the holding company for regulated electric utility Dayton Power & Light Co. (DP&L).The ratings also reflect DPL's "strong" business risk profile and its "aggressive" financial risk profile under our criteria. (We rank business risk from "excellent" to "vulnerable" and...

Companies mentioned in this report are:
- DPL Inc.
- Dayton Power & Light Co.
- Indianapolis Power & Light Co.
- IPALCO Enterprises Inc.
- The AES Corp.
- AES Gener S.A.
- AES Ironwood LLC
- Red Oak Power LLC
- AES Sul Distribuidora Gaucha de Energia READ MORE >

- DPL Inc.
- Dayton Power & Light Co.
- Indianapolis Power & Light Co.
- IPALCO Enterprises Inc.
- The AES Corp.
- AES Gener S.A.
- AES Ironwood LLC
- Red Oak Power LLC
- AES Sul Distribuidora Gaucha de Energia S.A.
- AES CHIVOR & CIA S.C.A. E.S.P.

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