Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition - S&P Global Ratings’ Credit Research

Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition

Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition - S&P Global Ratings’ Credit Research
Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition
Published Aug 22, 2017
8 pages (2473 words) — Published Aug 22, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

On Aug. 21, 2017, Berkshire Hathaway Energy Co. (BHE), the parent of AltaLink Investments L.P. (AILP) and AltaLink L.P. (ALP), announced that it terminated the agreement with Energy Future Holdings Corp. (EFH) to acquire the reorganized EFH. Following this announcement, we revised our outlook on BHE to stable from negative. Because we view AILP as a core entity to BHE, and ALP as a core entity to AILP, we are also revising our outlooks on AILP and ALP to stable from negative. The outlook revisions solely reflect the application of our group rating methodology criteria. We are also affirming our ratings on ALP and AILP, including our 'A' long-term corporate credit ratings on both. On Aug. 22, 2017, S&P Global

  
Brief Excerpt:

...Because we view AILP as a core entity to BHE, and ALP as a core entity to AILP, we are also revising our outlooks on AILP and ALP to stable from negative....

  
Report Type:

Research Update

Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition" Aug 22, 2017. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-AltaLink-Investments-L-P-AltaLink-L-P-Outlook-Revised-To-Stable-From-Negative-After-Parent-Terminates-Acquisition-1904381>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative After Parent Terminates Acquisition Aug 22, 2017. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-AltaLink-Investments-L-P-AltaLink-L-P-Outlook-Revised-To-Stable-From-Negative-After-Parent-Terminates-Acquisition-1904381>
  
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