Fitch changes Connecticut Light view to negative

Fitch Ratings said it affirmed the A- long-term issuer default rating of the Connecticut Light and Power Co. (CL&P) at A- and revised the outlook to negative from stable.

Fitch affirmed all of CL&P's security ratings.

“The Outlook revision reflects a deterioration of the Connecticut regulatory environment from a credit perspective and, in turn, a somewhat greater level of business risk to CL&P,” Fitch said in a news release.

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