S&P Raises Big Rivers’ Credit Rating to BB+, Following Raises by Moody’s to Ba1 and Fitch to an Investment Grade Rating of BBB-

January 16, 2019

S&P Global Ratings raised its issuer credit rating on Big Rivers Electric Corp. (BREC), Ky. 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.

The raise in the credit rating is consistent with raises in 2018 by both Moody’s and Fitch.

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Fitch Upgrades Big Rivers Credit Rating to BBB-

FITCH UPGRADES BIG RIVERS ELECTRIC CORP. TO ‘BBB-‘; OUTLOOK REVISED TO STABLE Fitch Ratings-New York-05 July 2018: Fitch Ratings has upgraded the following bonds issued by Big Rivers Electric Corporation (BREC) to ‘BBB-‘ from ‘BB’: –$83 million County of Ohio pollution control revenue bonds, series 2010A. The Rating Outlook is revised to Stable from Positive.Continue Reading

Big Rivers and ET&S Recognized for Safety Awards

Big Rivers Electric Corporation received two employee safety recognitions from the Kentucky Labor Cabinet and Kentucky Employers’ Mutual Insurance (KEMI) on Tuesday. Big Rivers’ ET&S (Energy Transmission and Substation) location earned its 2nd Governor’s Safety and Health Award. The company was also selected as a KEMI Destiny Award recipient for its second consecutive year.  Continue Reading

Sebree Station Receives 13th Governor’s Safety and Health Award

Big Rivers Electric Corporation in Robards Presented Governor’s Safety and Health Award Alexandria Englen – alexandria.englen@ky.gov   Robards, Ky. (December 14, 2017) – Labor Cabinet Deputy Secretary Mike Nemes visited Big Rivers Electric Corporation – Sebree Station in Robards today to present a Governor’s Safety and Health Award for the 3,069,227 production hours worked without a lost-timeContinue Reading

Wilson Station Awarded 15th Governor’s Safety and Health Award

Centertown, Ky. (November 30, 2017) – Labor Cabinet Workplace Standards Commissioner Ervin Dimeny visited Big Rivers Electric Corporation – Wilson Station in Centertown today to present a Governor’s Safety and Health Award for the 250,047 production hours worked without a lost-time incident by employees. Labor Cabinet Secretary Derrick Ramsey congratulated Wilson Station on its 15th award of this kind.Continue Reading

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) toContinue Reading

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