Archive for 2016

FMPA Weekly | April 18, 2016 | Member Edition

Last week, Ryan Dumas and Jeff Grainger participated last Thursday in Kissimmee Utility Authority’s (KUA) annual disaster preparedness drill. This week, the AROC, Board of Directors and ARP Executive Committee meet on Thursday.

FMPA Weekly | April 11, 2016 | Member Edition

Last week, FMPA closed on a $424 million bond issue last Tuesday to refinance existing debt for the All-Requirements Project. This week, Jeff Grainger is in Washington, D.C., on Monday attending the American Public Power Association’s Public Communications Committee Spring Issues Roundtable.

FMPA Weekly | April 4, 2016 | Member Edition

Last week, Resumes are now being accepted for the General Manager and Chief Executive Officer position at FMPA. This week, FMPA’s finance team will close Tuesday on a refinancing for a portion of the All-Requirements Project (ARP) Refunding Revenue Bonds, Series 2008A and Series 2009A.

FMPA Weekly | March 28, 2016 | Member Edition

Last week, Moody’s Investors Service upgraded the credit rating of FMPA’s Tri-City Project to A1 from A2, which means the project’s debt is high grade and subject to low credit risk. This week, FMPA will hold a Meter Tech Roundtable on Thursday at 10 a.m. in Leesburg.

FMPA Weekly | March 21, 2016 | Member Edition

Last week, Moody’s Investors Service affirmed the A1 rating of FMPA’s Stanton Project and confirmed the rating outlook is stable. This week, Friday is the final day to participate in FMPA’s 2016 Board of Directors Member Relations Survey.

FMPA Weekly | March 14, 2016 | Member Edition

Last week, Fitch Ratings affirmed the credit ratings of FMPA’s Stanton, Stanton II, Tri-City and St. Lucie projects last Wednesday and confirmed that their credit outlook is stable. This week, the third module of Series I of the Management Development Program is Tuesday and Wednesday at FMPA’s Orlando office.

FMPA Weekly | March 7, 2016 | Member Edition

Last week, Cane Island Unit 2 repairs continued after the unit was taken offline last October for an unscheduled maintenance outage. This week, reps from 13 Florida cities are in Washington, D.C., on Monday through Wednesday attending the American Public Power Association’s (APPA) Legislative Rally. Find out more about these and other stories in this week’s newsletter.

FMPA Weekly | Feb. 29, 2016 | Member Edition

Last week, a bill in the Florida Legislature to regulate FMPA has not been heard by all of its committee references in the House and Senate, so at this point in the legislative session, the bill is not likely to move forward. This week, FMPA’s Member Services Department is preparing a bid/Request for Proposal for Transmission and Distribution Construction and Maintenance Services. Find out more about these and other stories in this week’s newsletter.

FMPA Weekly | Feb. 22, 2016 | Member Edition

Last week, Fitch Ratings assigned an A+ credit rating to FMPA’s All-Requirements Project. This week, a committee in the Florida Senate will hear the companion bill to Rep. Debbie Mayfield’s proposed legislation regulating FMPA.

FMPA Weekly | Feb. 15, 2016 | Member Edition

Last week, Moody’s Investors Service affirmed last Wednesday the A2 credit rating of FMPA’s All-Requirements Project and a stable outlook. This week, the Board of Directors and ARP Executive Committee meetings originally scheduled for Thursday have been canceled. Find out more about these and other stories in this week’s newsletter.