FPL Group, Affiliates Still on Watch Neg After Merger Termination - S&P Global Ratings’ Credit Research

FPL Group, Affiliates Still on Watch Neg After Merger Termination

FPL Group, Affiliates Still on Watch Neg After Merger Termination - S&P Global Ratings’ Credit Research
FPL Group, Affiliates Still on Watch Neg After Merger Termination
Published Apr 02, 2001
Published Apr 02, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) April 2, 2001—Standard&Poor's today announced that its ratings of FPL Group Inc. (double-'A'-minus corporate credit rating) and its affiliates Florida Power&Light Co. and FPL Group Capital Inc. will remain on CreditWatch with negative implications after the announcement that the firm's proposed merger with Entergy Inc. has been terminated. The maintaining of the CreditWatch listing reflects a pending review of today's anouncement and FPL's intention to aggressively add 5,000 MW to its independent power producer (IPP) portfolio by 2003. (A complete list of ratings is available on RatingsDirect, Standard&Poor's on-line credit research service, or by calling the Standard&Poor's Ratings Desk at (1) 212-438-2400.) The IPP financing strategy

  
Report Type:

Ratings Action

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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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "FPL Group, Affiliates Still on Watch Neg After Merger Termination" Apr 02, 2001. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FPL-Group-Affiliates-Still-on-Watch-Neg-After-Merger-Termination-188705>
  
APA:
S&P Global Ratings’ Credit Research. (). FPL Group, Affiliates Still on Watch Neg After Merger Termination Apr 02, 2001. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FPL-Group-Affiliates-Still-on-Watch-Neg-After-Merger-Termination-188705>
  
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