Lower-risk pure electric regulated utility; Effective management of the company's regulatory risk; and Credit enhancive measures include the 2009 equity issuance and dividend reduction. Persistently weak financial measures in 2008 and 2009; and Delay of Iatan 2 in service date. The ratings on KCP&L Greater Missouri Operations Co. (GMO) reflect the consolidated credit profile of Great Plains Energy Inc. Great Plains' regulated subsidiaries include both Kansas City Power and Light Co. (KCP&L) and GMO. The ratings also reflect Great Plains' and GMO's excellent business risk profile and Great Plains' aggressive financial risk profile. As of Dec. 31, 2009, the Kansas City-based Great Plains Energy had about $3.7 billion of total debt outstanding. Great Plains, through its regulated subsidiaries distributes electricity
