S&P lifts Wisconsin Energy view to positive

Standard & Poor's said it revised the outlook on Wisconsin Energy Corp. and its subsidiaries Wisconsin Electric Power Co. and Wisconsin Gas LLC to positive from stable.

The agency also said it affirmed all of its ratings.

The outlook revision reflects an improving trend in the company's financial metrics, which could lead to higher ratings, S&P said.

The ratings reflect an excellent business risk profile and a significant financial risk profile, the agency said.

The company's regulated operating subsidiaries have excellent business profiles, although their financial profiles are intermediate, S&P added.

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