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S&P turns Tenaska Georgia view to positive
S&P said it revised Tenaska Georgia Partners LP’s outlook to positive from stable and affirmed its BBB- senior secured debt rating.
Tenaska sells all its power production to Exelon Generation Co. LLC.
The outlook revision follows a similar action on Exelon’s outlook to positive on Jan. 10, S&P said.
“Because the rating on TGP is linked to the rating on irreplaceable revenue counterparty ExGen, we have mirrored the outlook revision on the project's senior secured debt,” the agency said in a press release.
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