The Oklahoma Municipal Power Authority has received strong financial validation from two major credit rating agencies. Both S&P Global Ratings and Fitch Ratings have affirmed OMPA’s "A" credit ratings with a stable outlook, underscoring the organization’s financial strength, operational reliability, and commitment to serving its 43 member communities.
S&P Global assigned its "A" long-term rating to OMPA’s $328 million Series 2025A Power Supply System Revenue and Refunding Bonds, while also affirming the same rating on existing parity debt.
Fitch Ratings affirmed OMPA’s existing "A" rating and applied it to the Series 2025A bonds, highlighting the authority’s disciplined financial management and reliable revenue streams.
The Series 2025A bonds will fund key initiatives, including new generation capacity to meet Southwest Power Pool reserve requirements, and refinancing existing debt for cost savings.
Both agencies highlighted OMPA’s long-term, take-and-pay contracts with its members, its ability to quickly adjust rates when needed, and its well-diversified power portfolio, which now includes significant renewable and battery storage resources alongside natural gas and other traditional assets.
OMPA plans to invest more than $350 million in capital improvements over the next five years, supporting grid reliability and future energy needs across its service area.
