North American Regulated Utilities Ranked by S&P: Financial Strength and Business Risk Profile

Wednesday, Sep 11, 2024 8:05 am ET1min read

S&P Global Ratings ranks North American regulated utility companies based on their rating, outlook, and risk profile. This summary lists these companies by business and financial risk profiles, with the highest-rated firms first. The list includes Alberta Electric System Operator, Midcontinent Independent System Operator, and American Transmission Co., among others. The assessment is as of September 2024.

The North American utility industry is a critical component of the region's economic infrastructure. With increasing focus on renewable energy and energy efficiency, utility companies must navigate complex regulatory environments, manage financial risks, and ensure reliable service to customers. In this article, we will examine the top North American regulated utility companies as ranked by S&P Global Ratings based on their rating, outlook, and risk profiles.

According to S&P Global's latest analysis, the following utility companies rank among the highest in terms of their business and financial risk profiles. The list includes Alberta Electric System Operator (AESO), Midcontinent Independent System Operator (MISO), American Transmission Co., and many more.

Alberta Electric System Operator (AESO), with an AA- stable outlook and excellent business and financial risk profiles, ranks at the top of the list. AESO is responsible for operating and maintaining the electricity grid in Alberta, Canada. The company's strong financial position and stable outlook make it a reliable investment option.

Midcontinent Independent System Operator (MISO), another utility company with an AA- stable outlook and excellent business and financial risk profiles, operates one of the largest electric power transmission systems in the United States. MISO's extensive network and reliable service make it a crucial player in the North American energy market.

American Transmission Co. (ATC), with an A+ stable outlook and excellent intermediate business and financial risk profiles, operates a network of high-voltage transmission lines in the United States. ATC's financial strength and strong regulatory framework make it a solid investment option.

These are just a few of the top North American regulated utility companies as ranked by S&P Global. The full list, which includes companies like California Independent System Operator, Connecticut Light & Power, and Florida Power & Light, among others, can be found on S&P Global's website [1].

In conclusion, S&P Global's ranking of North American regulated utility companies based on their rating, outlook, and risk profiles provides valuable insight into the financial health and reliability of these companies. With a focus on business and financial risk profiles, this analysis can help investors make informed decisions and navigate the complex North American utility market.

[1] S&P Global. (2023, August 1). Issuer Ranking: North American Electric, Gas, and Water Regulated Utilities - Strongest to Weakest. Retrieved from https://www.spglobal.com/ratings/en/research/articles/230815-issuer-ranking-north-american-electric-gas-and-water-regulated-utilities-strongest-to-weakest-12823736

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