Moody’s upgrades Green Mountain Power to investment grade

Nancy Rowden Brock, GMP’s Vice President and Chief Financial Officer, said Monday, ௿½This is a very positive development for our company, its customers and shareholders. The outlook for stable ratings makes it clear that the January 23, 2001 Vermont Public Service Board approval of the 3.42 percent rate increase is the major factor for this upgrade.௿½

KANSAS CITY, Mo.–(BUSINESS WIRE)–March 6, 2001–UtiliCorp United is seeking power supply contracts to secure up to 1,250 megawatts of annual capacity for up to 15 years to help meet the long-term energy demands of its 425,000 customers in Missouri, Kansas and Colorado, a company official announced today.

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