Moody’s changes Entergy view

Moody's Ratings said it affirmed the ratings of Entergy Corp., including its Baa2 senior unsecured rating, and two of its subsidiaries, System Energy Resources, Inc. (Ba1) and Entergy Louisiana, LLC (Baa1).

Entergy's rating outlook was changed to stable from negative, reflecting its improved financial performance and ongoing support from stakeholders for critical cost recovery, the agency said.

System Energy Resources’ outlook was also changed to stable from negative, following multiple litigation settlements that have reduce legal and financial uncertainties for the company, Moody’s said.

The outlook for Entergy Louisiana remains stable.

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