Financial Information
MMWEC Managers (l to r) Ed Kaczenski, CEO Ron DeCurzio and Jay Kline visit FitchRatings in New York City.
Financial ratings on MMWEC power supply projects are moving upward, reflecting the stable and improving credit quality of MMWEC and its project participants.
Information about MMWEC credit ratings as well as links to MMWEC's Audited Financial Statements and Quarterly Financial Reports are below.
Audited Financial Statements
Unaudited Quarterly Financial Reports
2011: Q1 2011; Q2 2011; Q3 2011
2010: Q1 2010; Q2 2010; Q3 2010
2009: Q1 2009; Q2 2009; Q3 2009
Credit Ratings
|
Project |
Fitch Ratings |
Standard & Poor's |
Moody's |
|
Nuclear Mix No. 1 |
A+ |
A+ |
A3 |
|
Nuclear Project No. 3 |
A+ |
A+ |
A3 |
|
Nuclear Project No. 4 |
A+ |
A+ |
A3 |
|
Nuclear Project No. 5 |
A+ |
A |
A3 |
|
Project No. 6 |
A+ |
A- |
A3 |
|
Outlook on all ratings is "Stable" | |||
Ratings Reports: These links are to additional information about MMWEC's ratings from Fitch Ratings, Standard & Poors, Moody's.
Ashburnham Municipal Light Department appreciates MMWEC's understanding of the financial markets. The staff expertise enabled project participants to capture benefits associated with Auction Rate Securities that had failed.
-Stanley H. Herriott, Manager
Ashburnham Municipal Light Dept