S&P Global Ratings assigned its 'A-? long-term rating to the City of North Platte , Neb.'s estimated $5.095 million series 2026A and $28.155 million series 2026B combined utilities revenue bonds. The outlook is stable. The bonds are secured by net revenues of the combined utilities. The combined utilities consist of the electric, water, wastewater, and industrial wastewater fund. The city has $60 million of utility revenue debt outstanding as of Sept. 30, 2025. The bond proceeds will be used for capital improvements, particularly the construction of an industrial wastewater treatment plant. The electric system revenues provide the majority of net revenues available for debt service. Accordingly, we analyze the bonds under our " U.S. Municipal Retail Electric And Gas Utilities:
