Fitch affirms Black Hills

Fitch Ratings said it affirmed the BBB long- and F2 short-term issuer default ratings of Black Hills Corp. and Black Hills Power, Inc.

The outlook is stable.

The affirmation reflects the financial and operating stability and predictability afforded by its portfolio of regulated utilities, according to the agency.

The rating also considers the risks associated with BKH's nonregulated activities, the agency noted.

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