FMPA Weekly A weekly e-newsletter for FMPA members Aug. 22, 2011 LAST WEEK Credit Ratings Questions and Answers FMPA issued additional information last week about the decision by Moody’s Investors Service on Aug. 9 to change the credit ratings of FMPA’s All-Requirements and Tri-City projects. FMPA’s Public Relations Department published […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 15, 2011 LAST WEEK ARP, Tri-City Credit Ratings Moody’s Investors Service downgraded the credit ratings of two of FMPA’s power supply projects last Tuesday. The All-Requirements Project (ARP) and Tri-City Project revenue bonds were downgraded to A2 from A1 with a […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 8, 2011 LAST WEEK Treasury Software Upgrade FMPA’s Treasury Department completed the upgrade of its workstation software package, Integra-T, last Monday. The software, which was upgraded from version 6.2 to 7.8, is used to interface with banks, manage debt and control […]
FMPA Weekly A weekly e-newsletter for FMPA members Aug. 1, 2011 LAST WEEK 2011 FMEA-FMPA Annual Conference The future of public power was center stage at the recent 2011 FMEA-FMPA Annual Conference. Topics at the conference ranged from smart grid technology and electric cars to natural gas and the future […]
FMPA Weekly A weekly e-newsletter for FMPA members July 25, 2011 LAST WEEK Santee Cooper, FMPA Enter into Letter of Intent Santee Cooper, which joined with SCE&G and filed an application in 2008 to build two new nuclear reactors at the V.C. Summer Nuclear Generating Station, announced last Friday it […]
FMPA Weekly A weekly e-newsletter for FMPA members July 18, 2011 LAST WEEK Cane Island Unit 4 More than three years of work came to fruition last Tuesday when Cane Island Unit 4 began commercial operation. The natural gas-fired unit generates 300 MW, enough electricity to serve approximately 60,000 homes […]
FMPA Weekly A weekly e-newsletter for FMPA members July 11, 2011 LAST WEEK Cane Island Unit 4 Cane Island Unit 4 reached a major project milestone last Friday when FMPA issued the Substantial Completion Certificate. This means Zachry Industrial has fulfilled the obligations, conditions and requirements of the engineering, procurement […]
FMPA Weekly A weekly e-newsletter for FMPA members July 5, 2011 LAST WEEK St. Lucie Project Revenue Bonds FMPA closed last Tuesday on $59.2 million of St. Lucie Project revenue bonds. The Series A bonds of $34.9 million will be used to refund auction-rate securities tendered by Citi, and the […]
FMPA Weekly A weekly e-newsletter for FMPA members June 27, 2011 LAST WEEK Venue Changed for Lawsuit The venue for Lake Worth’s lawsuit against FMPA was changed June 10 from Palm Beach County to Leon County. A motion to transfer based on improper venue was filed May 6 by FMPA […]
FMPA Weekly A weekly e-newsletter for FMPA members June 20, 2011 LAST WEEK Wauchula Power Supply RFP FMPA was notified earlier this month that the city of Wauchula has selected Florida Power & Light (FPL) as its power supply provider. WHH Enterprises, a consultant for the city, recommended FPL, saying […]