Fitch affirms Great River

Fitch Ratings said it affirmed its A- rating on Great River Energy's first mortgage bonds.

The outlook is stable.

The agency said the rating is supported by Great River's competitive rates in the region, an experienced management team and long-term wholesale power contracts with its 28 members that extend to 2045. Load growth has slowed, but Fitch said the members show continued resiliency and diversity.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.