Author Archives: Stephanie McCombs
Moody’s Assigns Investment Grade Rating of Baa3 to Big Rivers Electric Corp senior secured term loan;
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Big Rivers Announces Solar Power Purchase Agreements
HENDERSON, Ky. (May 27, 2020) – Big Rivers Electric Corporation has entered into agreements to purchase power from two solar developers who will build, own and operate their facilities in western Kentucky. Community Energy and Geronimo Energy, a National Grid company, were chosen to provide the company’s Member-Owners up to 260 megawatts (MW) of solar… Continue Reading
S&P Affirms Big Rivers BB+ Credit Rating
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Fitch Affirms Big Rivers BBB- Credit Rating
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Moody’s Changes Big Rivers Credit Outlook to Positive
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A Legendary Landing and Legacy: BREC Board Member Attends 75th D-DAY Ceremonies Honoring Great-Uncle’s Parachute Landing in French Village
During the long overnight hours leading up to D-Day, Private John Marvin Steele joined his fellow American soldiers in the 82nd Airborne and parachuted over a small village in Normandy. While the drop was supposed to be a secretive mission, an unexpected house fire and the community’s bucket brigade brightly lit up the town center… Continue Reading
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+’… Continue Reading
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