Title:

Stability Report: EPCOR Power L.P.

Price:$300.00
Publication Date:May 02, 2008
Report Type:Commentary
Abstract:Long term power purchase contracts with creditworthy offtakers Diverse portfolio of assets using proven generation technology Fuel cost pass through provisions on some contracts reduce cash flow variability Operating margin at risk from more aggressive acquisition strategy Up to a third of revenue faces recontracting risk in the next five years Some exposure to commodity market risk The 'SR-2' Canadian stability rating on Alberta-based EPCOR Power L.P. (EPCOR Power or the partnership) reflects the strong sustainability and low variability of cash flow generation from the partnership's largely contracted electricity generation portfolio. Standard&Poor's Ratings Services considers the distribution profile assessment (DPA) to be moderate. The outlook is stable. We consider EPCOR Power's sustainability to be strong. The partnership's sound
Brief Excerpt:RESEARCH Ratings Definitions Stability Report: EPCOR Power L.P. Publication date: ##-May-#### Primary Stability Ratings Analyst: Nicole Martin, Toronto (#) ###-###-####; nicole_martin@standardandpoors.com Stability Rating: 'SR-#'...
Word Count:1694
Sector:Global Issuers, Corporations, International Public Finance, Utilities, Electric
Format:HTML HTML
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 
Purchase Report
Price: $300.00

S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

  about us contact us public company index private company index pcan widget your privacy rights terms & conditions