S&P: Wisconsin Energy, Integrys Energy views now stable

Standard & Poor’s said it affirmed its ratings on Wisconsin Energy Corp. (WEC) and Wisconsin Electric Power Co. (Wepco), including the A- issuer credit ratings.

S&P also affirmed the ratings on Wisconsin Gas LLC (WG), including the A issuer credit rating. S&P revised the outlook on WEC to stable from negative.

At the same time, S&P affirmed the ratings on Integrys and its subsidiaries Wisconsin Public Service Corp. (WPS), Peoples Gas Light & Coke Co. (PGL&C) and North Shore Gas Co. (NSG), including the A- issuer credit ratings. S&P revised the outlook on Integrys, PGL&C and NSG to stable from negative.

S&P said it is also assigning an A- issuer credit rating and A-2 short-term rating to Integrys Holding Inc. The outlook is stable.

The outlooks on WEC’s subsidiaries Wepco and WG and Integrys' subsidiary WPS remain stable.

“The stable outlook on WEC reflects the company’s ‘excellent’ business and ‘significant’ financial risk profiles,” said S&P credit analyst Matthew O'Neill in a news release.

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