Otter Tail Power Company: Update to credit analysis
INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 3 September 2020 Update RATINGS Otter Tail Power Company Domicile Fergus Falls, Minnesota, United States Long Term Rating A3 Type LT Issuer Rating Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Robert PetOtter Tail is a holding company. Through its subsidiaries, the company's reporting segments include: electric, which includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by the company's subsidiary, Otter Tail Power Company; manufacturing, which consists of businesses engaged in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components; and plastics, which consists of businesses producing polyvinyl chloride pipe at plants in North Dakota and Arizona.
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