slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
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Credit Positive Developments<br />
• <strong>Corp</strong>orate BBB - credit rating<br />
• Outlook moved to “positive”<br />
• Liberty debt rating BBB (high)<br />
• Contributing factors:<br />
• Firm commitment to an investment<br />
grade credit rating with target of BBB flat<br />
• <strong>Corp</strong>orate level financing platforms<br />
• No near term debt maturities<br />
• Conversion of CDs to equity<br />
• Lengthening PPAs<br />
• Quality of cash flows have improved<br />
• New utility acquisitions in 2013<br />
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