Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures - S&P Global Ratings’ Credit Research

Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures

Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures - S&P Global Ratings’ Credit Research
Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures
Published Jun 23, 2010
1056 words — Published Jun 23, 2010
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Abstract:

We upgraded integrated electric and natural gas utility holding company Xcel Energy Inc. and three of its subsidiaries to 'A-' from 'BBB+' to because of the company's regulated utility strategy and our expectation of strengthening financial measures. We affirmed the 'A-' rating on subsidiary Northern States Power Wisconsin (NSP-Wisconsin). The outlooks are stable and we maintain the business risk profiles as 'excellent' and financial risk profiles as 'significant'. NEW YORK (Standard&Poor's) June 23, 2010--Standard&Poor's Ratings Services raised the corporate credit rating on Xcel and its subsidiaries Northern States Power Co., Public Service Co. of Colorado, and Southwestern Public Service Co. to 'A-' from 'BBB+'. At the same time, we affirmed the 'A-' corporate credit rating on

  
Brief Excerpt:

RESEARCH Xcel Energy Inc. Upgraded To 'A-' From '###+' On Strengthening Financial Measures Publication date: 23-Jun-2010 Primary Credit Analyst: Gerrit Jepsen, CFA, New York (1) 212-438-2529; gerrit_jepsen@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Region
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Xcel Energy Inc. – 2010/06/24 – US$ 500.00

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MLA:
S&P Global Ratings’ Credit Research. "Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures" Jun 23, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Xcel-Energy-Inc-Upgraded-To-A-From-BBB-On-Strengthening-Financial-Measures-805722>
  
APA:
S&P Global Ratings’ Credit Research. (). Xcel Energy Inc. Upgraded To 'A-' From 'BBB+' On Strengthening Financial Measures Jun 23, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Xcel-Energy-Inc-Upgraded-To-A-From-BBB-On-Strengthening-Financial-Measures-805722>
  
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