Rating Report
Credit Analysis: Black Hills Corporation
Tue 26 Aug, 2008 - 12:00 AM ET
Rating Rationale • Black Hills Corporation (BKH) has a strong financial profile. While the acquisition of Aquila, Inc.’s (ILA) assets is expected to weaken credit metrics, ֳ Ratings projects overall metrics will remain strong relative to peers. The utilities provide a stable source of cash flow, with riders for recovery ...