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S&P lowers CenterPoint view to stable
S&P said it revised the outlook on CenterPoint Energy Inc. and subsidiaries, CenterPoint Energy Houston Electric LLC and CenterPoint Energy Resources Corp., to stable from positive.
The agency also said it affirmed the company's A- issuer credit ratings.
The outlook considers CenterPoint Energy's continued ownership interest in Enable Midstream Partners LP and expectations that CenterPoint will either maintain its stake or gradually sell its interest in higher volatility Enable, S&P said.
The agency said it expects CenterPoint's business risk profile will remain the same.
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