About AMP, Inc. Greenup Hydro Project
The Greenup Hydroelectric Facility is a 70.2 MW power plant located near Portsmouth, Ohio. In connection with the development of the Meldahl Project, Hamilton agreed to sell and AMP agreed to purchase a 48.6 percent undivided ownership interest in the Greenup Hydroelectric Facility. Hamilton retains title to a 51.4 percent ownership interest in the Greenup Hydroelectric Facility. Forty-seven 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.