Fitch Affirms Louisiana Energy and Power Authority's Project Rev Bonds at 'A-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'A-' rating on Louisiana Energy and Power Authority's (LEPA) power project revenue bonds (LEPA Unit No. 1), series 2013A. The Rating Outlook is Stable. SECURITY The bonds are secured by the net revenues of the project, which include payments received from the six project participants pursuant to power sales contracts, payable as an operating expense of their respective utility systems. KEY RATING DRIVERS NEW PROJECT OUTPUT CONTRACTED: LE

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