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Fitch cuts Mississippi Power credit rating on Kemper issues

2015-06-06 02:42:51| Energy - Topix.net

A credit rating agency is cutting its grade for Mississippi Power Co., saying there remain "elevated risks" of financial, regulatory and construction trouble at the $6.2 billion Kemper County power plant. Fitch Ratings lowered its credit rating for Mississippi Power by one notch from A- to BBB+ Friday.

Tags: power rating issues credit

 

Credit rater to downgrade Mississippi Power on Kemper woes

2015-05-22 22:33:00| Energy - Topix.net

The decision by a group of electrical cooperatives to pull out of planned purchase of 15 percent of a Kemper County power plant is likely to mean a credit downgrade for Mississippi Power Co. Fitch Ratings said Friday that it plans to review the credit rating of the unit of Atlanta-based Southern Co., predicting it will fall at least one notch and maybe two.

Tags: power credit mississippi woes

 
 

Mississippi Power, regulators, ask Kemper decision rehearing

2015-03-13 18:29:33| Energy - Topix.net

The Mississippi Power Co. and the Public Service Commission are asking the state's highest court to reconsider its ruling overturning rate increases to fund the company's Kemper County power plant and ordering $200 million in refunds.

Tags: power decision mississippi regulators

 

Miss. Power Co. announces start of gasifier at Kemper plant

2015-03-10 00:56:56| Energy - Topix.net

Mississippi Power Co. announced Monday that it had fired up gasifiers at its Kemper County power plant for the first time.

Tags: start power miss plant

 

Southern Co. unit suing manager from Kemper power plant

2015-02-27 19:34:44| Energy - Topix.net

Southern Co. is suing a key employee who worked on the troubled Kemper County power plant, asking a judge to order him to not talk about the project.

Tags: power manager unit southern

 

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