Author Archive

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.

FMPA Weekly | Feb. 8, 2016 | Member Edition

Last week, FMPA staff, along with FMPA’s financial advisor and underwriters, met via conference call with representatives of Moody’s Investors Service to discuss the the credit rating of the All-Requirements Project. This week, FMPA staff travel to Ocala for a member city visit.Find out more about these and other stories in this week’s newsletter.

FMPA Weekly | Feb. 1, 2016 | Member Edition

Last week, the House Government Operations Appropriations Subcommittee unanimously approved a bill proposed by Rep. Debbie Mayfield (R-Vero Beach) that would subject FMPA to several new regulatory requirements. This week, Fred Bryant, Jody Finklea, Mark McCain, Dan O’Hagan and Amanda Swindle attend the Florida Legislative Rally in Tallahassee. Find out more about these and other stories in this week’s newsletter.

FMPA Weekly | Jan. 25, 2016 | Member Edition

Last week, FMPA filed its final report with the Florida Auditor General documenting that the Agency has completed work on all 15 audit recommendations. This week, FMPA welcomes Jeff Grainger, the new Public Relations Specialist II.

FMPA Weekly | Jan. 19, 2016 | Member Edition

Last week, the House Energy and Utilities Subcommittee voted 6 to 5 to pass a bill proposed by Rep. Debbie Mayfield that would subject FMPA to several new regulatory requirements. This week, FMPA’s governing boards meet.

FMPA Weekly | Jan. 11, 2016 | Member Edition

Last week, Treasure Coast Energy Center Unit 1 was ranked as one of the cleanest plants of its kind in the nation. This week, FMPA staff and local elected officials are attending a meeting of the House Energy and Utilities Subcommittee in Tallahassee.