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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CenterPoint Energy, Inc. New York, November 06, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CenterPoint Energy, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Approximately $1.2 billion of debt securities affected. New York, October 25, 2019 -- Moody's Investors Service ("Moody's") today downgraded the ratings of Vectren Utility Holdings, Inc. (VUHI), including its senior unsecured rating to A3 from A2 and short-term rating for commercial paper to Prime-2 from Prime-1. Moody's also downgraded the ratings of its operating utility subsidiaries, Southern Indiana Gas & Electric Company (SIGECO), including its Issuer Rating to A3 from A2 and Indiana Gas Company, Inc. (IGC), including its senior unsecured rating to A3 from A2.
Vectren Energy Delivery of Indiana - South (Vectren), a CenterPoint Energy company, today announced the Indiana Utility Regulatory Commission (IURC) granted partial approval of its Smart Energy Future long-term electric generation transition plan. Today’s approval is in addition to IURC approval last month to move forward with construction of a 50 megawatt (MW) universal solar array.
Today, Vectren Energy Delivery of Indiana – South (Vectren), a CenterPoint Energy company, announced it has received approval from the Indiana Utility Regulatory Commission (IURC) to build a 50-megawatt (MW) universal solar array in eastern Spencer County as part of Vectren’s long-term electric generation transition plan. The solar farm will be located near Troy, Ind., on approximately 300 acres and will consist of about 150,000 solar panels.