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| Prospect News home > News index > List of issuers D > Headlines for Dominion Energy South Carolina, Inc. > News item |
Fitch ups Dominion Energy units
Fitch Ratings said it affirmed the BBB+ long-term issuer default rating of Dominion Energy, Inc.
Dominion Energy Gas Holdings, LLC was affirmed at BBB+, Virginia Electric and Power Co. was affirmed at A- and Questar Gas Co. was affirmed at A-.
Fitch also upgraded the long-term issuer default ratings of Dominion Energy South Carolina, Inc. and Public Service Co. of North Carolina, Inc. to BBB+ from BBB.
The outlook is stable.
“The upgrades of Scana, DESC and PSNC reflect the financial improvement since DEI ownership in the form of equity contributions, debt reductions and liquidity support,” the agency said in a news release.
“Favorable regulatory outcomes of planned rate cases may result in additional rating improvement for DESC and PSNC in 2021.”
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