Fitch affirms Allegheny Energy, units

Fitch Ratings said it affirmed the issuer default ratings and debt ratings for Allegheny Energy, Inc. and its subsidiaries.

Ratings affirmed include Allegheny's long-term issuer default rating at BBB- and senior unsecured bank credit facility at BBB-; Allegheny Energy Supply Co. LLC's long-term IDR at BBB-, senior secured debt at BBB, senior unsecured debt at BBB-, senior unsecured term loan at BBB- and senior unsecured bank credit facility at BBB-; and Allegheny Generating Co.'s long-term IDR at BBB- and senior unsecured debt at BBB-;

Also affirmed were Monongahela Power Co. d/b/a Allegheny Power's long-term IDR at BBB-, senior secured debt at BBB+ and senior unsecured debt at BBB-; Potomac Edison Co. d/b/a Allegheny Power (Potomac Ed)'s long-term IDR at BBB- and senior secured debt at BBB+; and West Penn Power Co. d/b/a Allegheny Power (West Penn)'s long-term IDR at BBB-, senior secured debt at BBB+ and senior unsecured debt at BBB-.

The outlook for all entities is stable.

Allegheny's ratings and outlook largely reflect the regulated operations of utilities Mon Power, Potomac Ed, and West Penn, which collectively do business as Allegheny Power, and the robust cash flows produced by the unregulated generating company, Fitch said.

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