About AMP, Inc. Fremont Energy Center
The AMP Fremont Energy Center (“AFEC”) is a combined cycle, natural gas fueled electric generating plant located in the City of Fremont, Ohio. AFEC has a capacity of 512 MW (unfired)/675 MW (fired) and consists of two combustion turbines, two heat recovery steam generators and one steam turbine and condenser. AMP owns 90.69 percent of AFEC on behalf of its participating AMP member utilities in seven states and 4.15 percent on behalf of the Central Virginia Electric Cooperative. The Michigan Public Power Agency owns the remaining 5.16 percent. Eighty-six AMP member communities are participating in the project.
Welcome to American Municipal Power, Inc.’s (AMP) investor relations website. Investment in bonds issued by AMP allows for beneficial investments in generation and transmission assets for our members.
AMP takes great pride in its relationship with the financial community. In order to succeed in its vision to be public power’s leader in wholesale energy supply and value-added member services, maintaining strong bond ratings is a priority. AMP is committed to being as transparent as possible with the investor community.
I hope you find the information provided here useful as you seek to better understand the credit fundamentals of AMP. Please do not hesitate to contact me with suggestions for how we can be doing better.