Lower-risk pure electric regulated utility; Effective management of the company's regulatory risk; and Recent credit enhancive measures including equity issuance and dividend reduction. Historically 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 Kansas City Power and Light Co. (KCP&L) and GMO. The ratings also reflect the company's 'excellent' business risk profile and 'aggressive' financial risk profile. As of Dec. 31, 2009, the Kansas City-based Great Plains had about $3.7 billion of total debt outstanding. Through its regulated subsidiaries, Great Plains distributes electricity to about 820,000 customers in Kansas and
