S&P Raises Big Rivers Credit Rating to BB

View Full S&P Big Rivers Credit Summary  
Credit Profile:
Big Rivers Electric Corp. ICR -- Long Term Rating: BB/Stable/Upgraded  
Ohio Cnty, Kentucky Big Rivers Electric Corp., Kentucky Ohio Cnty (Big Rivers Electric Corp.) RURELCCOO -- Long Term Rating BB/Stable/Upgraded
S&P Global Ratings raised its issuer credit rating on Big Rivers Electric Corp., Ky. (BREC) to 'BB' from 'BB-'. At the same time, S&P Global Ratings raised its rating on Ohio County, Ky.'s $83.3 million pollution control refunding revenue bonds, series 2010A (Big Rivers Electric Corp. Project), issued for BREC, to 'BB' from 'BB-'. The outlook is stable.

Big Rivers Secures USDA Grant for Educational Solar Project

August 25, 2017 HENDERSON, Ky. – Big Rivers Electric Corporation has secured an $84,175 federal grant to assist in the building of a new, educational solar array project. The USDA Rural Development funding was awarded through the Rural Energy for America Program, or REAP. This renewable energy and energy efficiency loan and grant program isContinue Reading

Moody’s Update Affirms Positive Credit Rating Outlook

Big Rivers Electric Corporation: Update following outlook change to positive CREDIT OPINION: August 17, 2017 Full Big Rivers Credit Opinion Update Big Rivers Electric Corporation (Big Rivers, Ba2 positive) has good prospects for achieving stronger financial metrics that is providing positive momentum for the cooperative’s credit quality despite its substantial excess generation capacity, which represents a primaryContinue Reading

Headquarters Earns Big Rivers’ 43rd Governor’s Safety Award

VIEW PDF VERSION OF PRESS RELEASE HERE   COMMONWEALTH OF KENTUCKY LABOR CABINET FOR IMMEDIATE RELEASE Contact: Jarrad Hensley (502) 564-3219 Jarrad.Hensley@ky.gov   Big Rivers Electric Corporation in Henderson Presented Governor’s Safety and Health Award Employees completed over 1,250,639 production hours without a lost-time incident HENDERSON, Ky. (July 6, 2017) – Labor Cabinet Deputy SecretaryContinue Reading

LS Power, Hoosier Energy and Big Rivers Selected by MISO for First Competitive Transmission Project

December 20, 2016 – LS Power, Hoosier Energy, and Big Rivers are pleased to have been selected by the Midcontinent Independent System Operator, Inc. (MISO) to implement, own, and operate the Duff-Coleman EHV 345 kV Competitive Transmission Project to be located in Indiana and Kentucky. The competitive process for Duff-Coleman was the first conducted byContinue Reading

PSC Approves Big Rivers Power Supply Contract with KyMEA

HENDERSON, Ky. (Dec. 12, 2016) – Big Rivers Electric Corporation is proud to announce the Kentucky Public Service Commission’s (PSC) approval of a ten-year power supply contract with the Kentucky Municipal Energy Agency (KyMEA). Under the agreement signed earlier this year, Big Rivers will provide 100 megawatts (MW) beginning in June of 2019. The supplyContinue Reading

Lt. Gov. Hampton Visits Big Rivers to Celebrate Safety Record

Beth Smith, bethsmith@thegleaner.com  5:23 p.m. CDT August 31, 2016 Big Rivers Electric Corporation caught the attention of one of the Kentucky’s top government officials. Lt. Gov. Jenean Hampton toured the Sebree Station, located in the Robards area, and visited with staff Wednesday afternoon to congratulate employees on a safety milestone. “We are right at 2.5 millionContinue Reading

Big Rivers Signs 10-Year Power Supply Contract with KyMEA

FOR IMMEDIATE RELEASE:    July 28, 2016 Big Rivers Electric Corporation is proud to announce the finalization of a ten-year power supply contract with the Kentucky Municipal Energy Agency (KyMEA). Under the agreement authorized on July 13th, Big Rivers will provide between 75 and 100 megawatts (MW) beginning in June of 2019. The supply could alsoContinue Reading

Headquarters Earns 41st Governor’s Safety and Health Award for Big Rivers

  Big Rivers Electric Corp. in Henderson Presented Governor’s Safety and Health Award Employees worked 1,002,727 hours without a lost time injury or illness   Frankfort, Ky. (April 25, 2016) – Kentucky Labor Cabinet Deputy Secretary Mike Nemes visited the Big Rivers Electric Corporation in Henderson today to present a Governor’s Safety and Health Award forContinue Reading

Wilson Station Earns Big Rivers’ 40th Governor’s Safety and Health Award

BIG RIVERS ELECTRIC CORPORATION-WILSON STATION PRESENTED GOVERNOR’S SAFETY AND HEALTH AWARD FRANKFORT, Ky. (Mar. 22, 2016) – Kentucky Labor Cabinet Secretary Derrick Ramsey announced today that the 100 employees of Big Rivers Electric Corporation–Wilson Station have earned a Governor’s Safety and Health Award for their 1.7 million hours of work without a lost time injury.Continue Reading