American Municipal Power, Inc. - Power Plants and SWOT Analysis, 2011 Update

Summary

The report contains the profile of the company that is involved in the field of power generation from thermal sources (coal, oil and gas). It contains a detailed description of the company’s business operations (power plants, installed capacity, and generation), history, corporate strategy, and business structure. This report contains a detailed SWOT analysis, information on key employees (executives), key competitors, and major products and services.

Scope

- Major Power Plants (assets) – summarized and detailed information about the power plants (assets)
- Operational Metrics (capacity, generation, revenue, sales, number of consumers)
- Business description – A detailed description of the company’s operations and business divisions
- Corporate strategy – GlobalData’s summarization of the company’s business strategy.
- SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands
- Key competitors – A list of key competitors.
- Key employees – A list of the key executives
- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details.
- Note*: Some sections may be missing if data is unavailable for the company.

Reasons to buy

- Gain key insights into the company for academic or business research purposes. Key elements such as SWOT analysis, corporate strategy and major products and services are incorporated in the profile to assist in various business decisions (M&A and JV).
- Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy.
- Understand and respond to competitors’ business structure and strategies with GlobalData’s detailed SWOT analysis. In this, the company’s core strengths, weaknesses, opportunities and threats are analyzed, providing an up to date objective view of the company.

Table of Contents
Table of Contents 2
List of Tables 4
Company Snapshot 8
Key Information 8
Company Overview 8
SWOT Snapshot 8
Operational Metrics 9
American Municipal Power, Inc., Operational Metrics, By Capacity 9
American Municipal Power, Inc., Operational Metrics, By Sales 9
American Municipal Power, Inc., Wind Farms 10
American Municipal Power, Inc., Wind Farms, United States 10
American Municipal Power, Inc., Hydro Power Plants 11
American Municipal Power, Inc., Hydro Power Plants, United States 11
American Municipal Power, Inc., Thermal Power Plants 12
American Municipal Power, Inc., Thermal Power Plants, United States 12
Business Description 14
Business Overview 14
Major Products and Services 15
History 16
SWOT Analysis 17
Overview 17
American Municipal Power, Inc. Strengths 17
Strong Operational Portfolio 17
Supporting Subsidiary Operations 17
Diversified Fuel Mix 17
American Municipal Power, Inc. Weaknesses 18
Dependency on Wholesale Power Market 18
American Municipal Power, Inc. Opportunities 18
Strategic Acquisitions 18
Hydro and Renewable Energy Projects 18
Growing Demand for Electricity 18
American Municipal Power, Inc. Threats 18
Fluctuations in Price Level 18
Legal and Political Framework 19
Weather Conditions 19
Key Employees 20
Key Employee Biographies 21
Company Statement 22
Locations And Subsidiaries 24
Head Office 24
Financial Deals Landscape 25
American Municipal Power, Inc., Deals Summary, 2004 to 2011 25
American Municipal Power, Inc. Detailed Deal Summary 28
Acquisition 28
Debt Offering 29
Asset Finance 162
Recent Developments 169
Sep 15, 2010: Walsh Secures Contract From AMP To Build Powerhouse And Appurtenances For Cannelton Hydroelectric Project In Kentucky, US 169
Feb 18, 2010: AMP, C.J. Mahan Execute Contract To Begin Construction Of Smithland Hydroelectric Project 169
Jun 17, 2008: AMP-Ohio Awards Turbines And Generators Contract For Hydroelectric Projects To Voith Siemens 170
Jul 29, 2011: AMP Announces Affiliation With DMEC 171
Jul 21, 2011: AMP Starts Construction On Willow Island Hydroelectric Plant In West Virginia 171
Sep 01, 2010: AMP Breaks Ground On Smithland Hydroelectric Plant On Ohio River, US 172
Jun 29, 2010: American Municipal Power Breaks Ground On Hydroelectric Project In Kentucky 172
Feb 19, 2010: AMP to begin construction at its second hydroelectric project 173
Apr 24, 2009: AMP-Ohio’s 213 MW Coal-Fired Power Plant Violates Clean Air Act According To EPA 173
Jul 06, 2011: Isofoton Selects Napoleon, Ohio, As New Home For Its North American Manufacturing Facility 174
Aug 23, 2010: AMP To Take Next Steps In Development Of NGCC Project In Meigs County, US 175
Jun 08, 2010: American Municipal Power And Standard Energy Announce 300MW Solar Energy Development 175
Aug 05, 2009: American Municipal Power Starts Construction Of Cannelton Hydroelectric Project In Kentucky, US 176
Jun 15, 2009: AMP-Ohio Begin Construction Of New Cannelton Hydroelectric Power Plant, Ohio, US 176
Oct 24, 2008: AMP-Ohio Plans To Build Hydroelectric Power Project In West Virginia 177
Mar 16, 2007: AMP-Ohio Secures License Transfer From FERC For Two Hydroelectric Projects 177
Jul 06, 2011: Isofoton Selects Napoleon, Ohio, As New Home For Its North American Manufacturing Facility 178
Aug 22, 2011: AMP Expands Partnership With TEA 179
Mar 10, 2011: Siemens Energy's IC&E Signs Two Contracts For Plant-Wide Distributed Control Systems 179
Feb 10, 2011: AMP Enters Into MoU With FirstEnergy For Fremont Energy Center 180
Nov 18, 2010: USDA Announces Support For Rural Electric Improvements To Benefit Customers In Rural America 181
Sep 01, 2010: AMP Selects Ramco/Burns & McDonnell To Provide EPC Services To 600MW AMPGS 181
May 18, 2010: AMP To Permanently Retire Richard H. Gorsuch Station Coal-Fired Power Plant 181
Nov 06, 2009: American Municipal Power Receives Authorization For $143.7 Million In Support Of Renewable Generation Projects 182
Oct 29, 2009: American Municipal Power To Secure $20 Million CREBs For 44 MW Hydroelectric Plant 183
Oct 28, 2009: American Municipal Power To Infuse About $1.9 Billion In Five Small Ohio River hydro Projects 183
Jul 06, 2009: AMP-Ohio Announces Name Change To American Municipal Power 184
Jun 09, 2009: Willard & Kelsey Receives $10 Million Funding From Ohio Governor And OAQDA For Solar Project 184
Jun 09, 2009: AMP-Ohio Receives $30m Bridge Loan For AMPGS Project 185
Jun 18, 2008: AMP-Ohio Gets Draft Permits From Ohio EPA For AMPGA Facility 185
Appendix 187
Methodology 187
Contact Us 188
Disclaimer 188

List of Tables
Table 1: American Municipal Power, Inc., Key Facts 7
Table 2: American Municipal Power, Inc., Operational Metrics, Capacity 8
Table 3: American Municipal Power, Inc., Operational Metrics, Sales 8
Table 4: American Municipal Power, Inc., Wind Farms, United States 9
Table 5: American Municipal Power, Inc., Hydro Power Plants, United States 10
Table 6: American Municipal Power, Inc., Thermal Power Plants, United States 11
Table 7: Major Products and Services 14
Table 8: American Municipal Power, Inc., SWOT Analysis 16
Table 9: American Municipal Power, Inc., Key Employees 19
Table 10: American Municipal Power, Inc., Deals Summary, 2004 to 2011 24
Table 11: American Municipal Power, Inc., Deals Summary, 2004 to 2011 25
Table 12: American Municipal Power, Inc., Deals Summary, 2004 to 2011 26
Table 13: American Municipal Power Acquires 23.6% Stake In Prairie State Energy Campus 27
Table 14: American Municipal Power Issues 3.615% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2013 For $9.52 Million 28
Table 15: American Municipal Power Issues 3.815% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2014 For $13.87 Million 30
Table 16: American Municipal Power Issues 3.965% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2015 For $15.87 Million 32
Table 17: American Municipal Power Issues 4.538% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2016 For $4.08 Million 34
Table 18: American Municipal Power Issues 4.855% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2017 For $2.37 Million 36
Table 19: American Municipal Power Issues 4.955% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2018 For $2.47 Million 38
Table 20: American Municipal Power Issues 5.055% Series 2009B Prairie State Energy Campus Project Revenue Bonds Due 2019 For $2.64 Million 40
Table 21: American Municipal Power Issues 5.355% Series 2009B Term Bonds Due 2024 For $16.3 Million 42
Table 22: American Municipal Power Issues 5.803% Series 2009B Term Bonds Due 2028 For $16.65 Million 44
Table 23: American Municipal Power Issues 5.953% Series 2009C Term Bonds Due 2034 For $10 Million 46
Table 24: American Municipal Power Issues 6.453% Series 2009C Term Bonds Due 2034 For $25.89 Million 48
Table 25: American Municipal Power Issues 6.553% Series 2009C Term Bonds Due 2039 For $77.44 Million 50
Table 26: American Municipal Power Issues 6.053% Series 2009C Term Bonds Due 2043 For $272.52 Million 52
Table 27: American Municipal Power Issues 4% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2017 For $1.82 Million 54
Table 28: American Municipal Power Issues 4.125% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2018 For $8.46 Million 56
Table 29: American Municipal Power Issues 4.25% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2019 For $11.84 Million 58
Table 30: American Municipal Power Issues 4.375% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2020 For $1.95 Million 60
Table 31: American Municipal Power Issues 4.5% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2021 For $2.06 Million 62
Table 32: American Municipal Power Issues 4.75% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2022 For $1.96 Million 64
Table 33: American Municipal Power Issues 5% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2023 For $3.69 Million 66
Table 34: American Municipal Power Issues 5% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2024 For $18.44 Million 68
Table 35: American Municipal Power Issues 5.125% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2025 For $14.59 Million 70
Table 36: American Municipal Power Issues 5.25% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2026 For $12.3 Million 72
Table 37: American Municipal Power Issues 5.375% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2027 For $4.44 Million 74
Table 38: American Municipal Power Issues 5.375% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2028 For $4.68 Million 76
Table 39: American Municipal Power Issues 5.5% Series 2009A Prairie State Energy Campus Revenue Bonds Due 2029 For $2.67 Million 78
Table 40: American Municipal Power Issues 5.625% Series 2009A Term Bonds Due 2036 For $48.02 Million 80
Table 41: American Municipal Power Issues 5.75% Series 2009A Term Bonds Due 2039 For $29.67 Million 82
Table 42: American Municipal Power Issues Series 2008A Multi-Mode Variable Rate Gorsuch Station Taxable Revenue Bonds Due 2012 For $91.09 Million 84
Table 43: American Municipal Power Issues Series 2008B Multi-Mode Variable Rate Gorsuch Station Taxable Revenue Bonds Due 2012 For $7.8 Million 85
Table 44: American Municipal Power Issues 4% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2013 For $10.36 Million 86
Table 45: American Municipal Power Issues 4% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2014 For $6.8 Million 88
Table 46: American Municipal Power Issues 4% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2015 For $5.63 Million 90
Table 47: American Municipal Power Issues 5% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2016 For $12.23 Million 92
Table 48: American Municipal Power Issues 4% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2016 For $6.14 Million 94
Table 49: American Municipal Power Issues 4.2% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2017 For $3.3 Million 96
Table 50: American Municipal Power Issues 5% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2017 For $16.04 Million 98
Table 51: American Municipal Power Issues 4.5% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2018 For $8.31 Million 100
Table 52: American Municipal Power Issues 5% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2018 For $5.41 Million 102
Table 53: American Municipal Power Issues 4.4% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2019 For $3.33 Million 104
Table 54: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2019 For $8 Million 106
Table 55: American Municipal Power Issues 4.5% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2020 For $6.23 Million 108
Table 56: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2020 For $16.06 Million 110
Table 57: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2021 For $23.39 Million 112
Table 58: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2022 For $24.81 Million 114
Table 59: American Municipal Power Issues 4.625% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2023 For $7.26 Million 116
Table 60: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2023 For $17.22 Million 118
Table 61: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2024 For $11.15 Million 120
Table 62: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2025 For $16.5 Million 122
Table 63: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2026 For $20.41 Million 124
Table 64: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2027 For $29.98 Million 126
Table 65: American Municipal Power Issues 4.875% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2028 For $2.94 Million 128
Table 66: American Municipal Power Issues 5.25% Series 2008A Prairie State Energy Campus Revenue Bonds Due 2028 For $28.62 Million 130
Table 67: American Municipal Power Issues 5% Series 2008A Term Bonds Due 2031 For $111.81 Million 132
Table 68: American Municipal Power Issues 5.25% Series 2008A Term Bonds Due 2033 For $69 Million 134
Table 69: American Municipal Power Issues 5% Series 2008A Term Bonds Due 2038 For $33.12 Million 136
Table 70: American Municipal Power Issues 5% Series 2008A Term Bonds Due 2038 For $202.14 Million 138
Table 71: American Municipal Power Issues 5.25% Series 2008A Term Bonds Due 2043 For $54.5 Million 140
Table 72: American Municipal Power-Ohio Completes Private Placement Of Bonds For $761 Million 142
Table 73: AMP-Ohio Completes Debt Offering Of 3.5% Notes Of $120 Million 143
Table 74: American Municipal Power-Ohio Completes Public Offering Of Electricity Purchase Revenue Bonds For $307.65 Million 144
Table 75: American Municipal Completes Offering Of Variable Rate Bonds For $13.12 Million 145
Table 76: American Municipal Completes Debt Offering Of $6.395 Million 146
Table 77: American Municipal Power Issues 2% Series 2004 Electric System Improvement Bonds Due 2006 For $0.15 Million 147
Table 78: American Municipal Power Issues 2.25% Series 2004 Electric System Improvement Bonds Due 2007 For $0.15 Million 148
Table 79: American Municipal Power Issues 2.5% Series 2004 Electric System Improvement Bonds Due 2008 For $0.16 Million 149
Table 80: American Municipal Power Issues 2.8% Series 2004 Electric System Improvement Bonds Due 2009 For $0.16 Million 150
Table 81: American Municipal Power Issues 3% Series 2004 Electric System Improvement Bonds Due 2010 For $0.17 Million 151
Table 82: American Municipal Power Issues 3.25% Series 2004 Electric System Improvement Bonds Due 2011 For $0.17 Million 152
Table 83: American Municipal Power Issues 3.25% Series 2004 Electric System Improvement Bonds Due 2012 For $0.18 Million 153
Table 84: American Municipal Power Issues 3.4% Series 2004 Electric System Improvement Bonds Due 2013 For $0.18 Million 154
Table 85: American Municipal Power Issues 3.5% Series 2004 Electric System Improvement Bonds Due 2014 For $0.19 Million 155
Table 86: American Municipal Power Issues 5.25% Term Bonds Due 2024 For $2.44 Million 156
Table 87: American Municipal Power Issues 4.625% Term Bonds Due 2029 For $1.75 Million 157
Table 88: American Municipal Power-Ohio partners with Bechtel Power 158
Table 89: American Municipal Forms Partnership With Andersons 159
Table 90: American Municipal Power-Ohio Forms Partnership With J.W. Great Lakes Wind 160
Table 91: American Municipal Power Invests $416 Million In Cannelton Hydroelectric Plant, Kentucky, U.S. 161
Table 92: American Municipal Power Completes Bond Financing Of $20 Million For Hydroelectric Project, U.S. 162
Table 93: American Municipal Power Completes Bond Financing Of $29 Million For Danville Solar Park, U.S. 163
Table 94: American Municipal Power Secures $30 Million Bridge-Loan For Coal-Fired Power Project, U.S. 164
Table 95: American Municipal Power Announces Bridge-Loan Of $30 Million For Coal-Fired Power Plant, U.S. 165
Table 96: American Municipal Power Plans To Invest In Meigs County Coal-Fired Power Plant 166
Table 97: American Municipal To Invest $432 Million In Smithland Hydro project In Kentucky, U.S. 167