Summary: Nevada Power Co. - S&P Global Ratings’ Credit Research

Summary: Nevada Power Co.

Summary: Nevada Power Co. - S&P Global Ratings’ Credit Research
Summary: Nevada Power Co.
Published Mar 04, 2013
2436 words — Published Mar 04, 2013
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Regulated integrated electric and natural gas utility operations that provide an essential service and relatively stable cash flows Generally supportive regulatory framework A strategy now focused on developing more thorough transmission, to connect the two utilities A recent increase in the amount of owned generation Relatively conservative financial policy Significant capital spending in recent years that is not likely to recur Some variability in cash flow driven by regulatory lag Financial metrics that have improved somewhat, but are still appropriate for the financial risk profile The stable outlook reflects our expectation of sustained supportive regulation and that capital spending will decrease significantly, thus reducing the risk of higher leverage and weaker credit measures. We assume that the company will continue

  
Brief Excerpt:

RESEARCH Summary: Nevada Power Co. Publication date: 04-Mar-2013 Primary Credit Analyst: Michael T Ferguson, CFA, CPA, New York (1) 212-438-7670; michael_ferguson@standardandpoors.com Secondary Contact: Gerrit W Jepsen, CFA, New York...

  
Report Type:

Summary

Ticker
NVP
Issuer
Nevada Power Co.
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

Summary: Nevada Power Co. – 2013/07/03 – US$ 225.00

Summary: Nevada Power Co. – 2013/08/21 – US$ 225.00

Summary: Nevada Power Co. – 2014/04/08 – US$ 225.00

Summary: Nevada Power Co. – 2015/04/28 – US$ 225.00

Summary: Nevada Power Co. – 2016/07/25 – US$ 225.00

Summary: Nevada Power Co. – 2012/10/03 – US$ 225.00

Nevada Power Co. – 2012/04/25 – US$ 500.00

Summary: Nevada Power Co. – 2012/04/25 – US$ 225.00

Summary: Nevada Power Co. – 2011/10/26 – US$ 225.00

Nevada Power Co. – 2011/04/20 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Nevada Power Co." Mar 04, 2013. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nevada-Power-Co-1089247>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Nevada Power Co. Mar 04, 2013. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nevada-Power-Co-1089247>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.