Nevada Power uses $100 million of revolver availability for seasonal needs

By Sara Rosenberg

New York, July 27 - Nevada Power Co. drew down $100 million as of Tuesday under its $350 million revolving credit facility to fund its seasonal fuel and power purchase requirements, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

Nevada Power is a Las Vegas-based electric utility subsidiary of Sierra Pacific Resources, a Reno, Nev., energy company.

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