Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor - S&P Global Ratings’ Credit Research

Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor

Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor - S&P Global Ratings’ Credit Research
Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor
Published Aug 02, 2016
Published Aug 02, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Juno Beach, Fla.-based NextEra Energy Inc. (NextEra) has entered into an agreement to acquire Energy Future Holdings Inc.'s (EFH) 80% ownership interest in Oncor Electric Delivery Co. LLC (Oncor). We are affirming the ratings on NextEra and its subsidiaries NextEra Energy Capital Holdings Inc. and Florida Power&Light Co., including the 'A-' issuer credit rating on each entity. The stable outlook on NextEra and its subsidiaries reflects our expectation that the company will maintain its intermediate financial risk profile at least through the close of the Oncor acquisition when we expect its business risk profile would strengthen while its financial risk profile would weaken, leaving ratings unchanged. On Aug. 2, 2016, S&P Global Ratings affirmed its ratings, including the

  
Report Type:

Research Update

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers , Structured Finance
Country
Region
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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. "Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor" Aug 02, 2016. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NextEra-Energy-Inc-And-Subsidiaries-A-Ratings-Affirmed-On-Acquisition-Of-Ownership-Interest-In-Oncor-1686116>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: NextEra Energy Inc. And Subsidiaries 'A-' Ratings Affirmed On Acquisition Of Ownership Interest In Oncor Aug 02, 2016. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NextEra-Energy-Inc-And-Subsidiaries-A-Ratings-Affirmed-On-Acquisition-Of-Ownership-Interest-In-Oncor-1686116>
  
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