Financial ratings on MMWEC power supply projects are moving upward, reflecting the stable and improving credit quality of MMWEC and its Project Participants.
On this page is information about MMWEC credit ratings as well as links to MMWEC’s Audited Financial Statements and Quarterly Financial Reports.
Joint action bolstered the legal and political strength of municipal utilities and in 1976, through an act of the state legislature, MMWEC became a non-profit, public corporation and political subdivision of the Commonwealth of Massachusetts with the power to issue tax-exempt revenue bonds to finance electric generating facilities and other projects.
Links to Financial Statements and Supplementary Information:
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Working with MMWEC enables municipal utilities to meet their needs with greater efficiency and economy, thereby improving their competitive positions and ability to provide reliable, low-cost service to their customers.
Working with MMWEC enables municipal utilities to meet their needs with greater efficiency and economy, thereby improving their competitive positions and ability to provide reliable, low-cost service to their customers.
Project | Fitch Ratings | Standard & Poor's | Moody's |
---|---|---|---|
Nuclear Project No. 5 | AA- | A | A1 |
MMWEC Master Sergeant Alexander Cotton Memorial Solar Project | AA- | ||