S&P lifts Eversource Energy

S&P said it raised the issuer credit ratings on Eversource Energy and all its subsidiaries, including Connecticut Light and Power Co., Yankee Gas Services Co., Public Service Co. of New Hampshire (PSNH), Western Massachusetts Electric Co., Nstar Electric Co. and Nstar Gas Co., to A+ from A.

The outlook is stable.

The agency also revised the stand-alone credit profile for PSNH to a from a-.

S&P said the upgrade of Eversource reflects the expected improvement in the company's business risk profile following the sale of its remaining generation assets.

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