Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan - S&P Global Ratings’ Credit Research

Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan

Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan - S&P Global Ratings’ Credit Research
Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan
Published Jul 19, 2016
2 pages (875 words) — Published Jul 19, 2016
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About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) July 19, 2016--S&P Global Ratings said today that its ratings on NextEra Energy Inc. (A-/Stable/--) are not affected by the termination of the merger between NextEra Energy and Hawaiian Electric Industries Inc. (HEI). The current business and financial risk profiles of NextEra readily accommodated the addition of HEI within the current ratings, especially given HEI's size relative to NextEra and the plans to fund the transaction with equity. Therefore, the absence of HEI leaves our assessment of NextEra's business and financial risk profiles unchanged.

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) July 19, 2016--S&P Global Ratings said today that its ratings on NextEra Energy Inc. (A-/Stable/--) are not affected by the termination of the merger between NextEra Energy and Hawaiian Electric Industries Inc. (HEI). The current business and financial risk profiles of NextEra readily accommodated the addition of HEI within the current ratings, especially given HEI's size relative to NextEra and the plans to fund the transaction with equity. Therefore, the absence of HEI leaves our assessment of NextEra's business and financial risk profiles unchanged. Only a rating committee may determine a rating action and this report does not constitute a rating action....

  
Report Type:

Bulletin

Ticker
FPL
Issuer
NextEra Energy Inc.
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan" Jul 19, 2016. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-NextEra-Energy-Inc-Ratings-Are-Not-Affected-By-Termination-Of-Hawaii-Electric-Merger-Plan-1677625>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: NextEra Energy Inc. Ratings Are Not Affected By Termination Of Hawaii Electric Merger Plan Jul 19, 2016. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-NextEra-Energy-Inc-Ratings-Are-Not-Affected-By-Termination-Of-Hawaii-Electric-Merger-Plan-1677625>
  
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