NEW YORK (Standard&Poor's) Jan. 17, 2012--Standard&Poor's Ratings Services corrected its rating on Southern California Public Power Authority's subordinate refunding transmission project revenue bonds series 2000A to 'AA+/A-1+'from 'AA+/A-1'. The bonds remain on CreditWatch with negative implications. The long-term component of the rating is based on a bond insurance policy provided by Assured Guaranty Municipal Corp., (AA+/Watch Negative). The short-term component of the rating is based on a liquidity facility provided by Wells Fargo Bank National Association (AA/A-1+).