S&P ups Reliant Energy view to positive

Standard & Poor's said it affirmed its B corporate credit rating on Reliant Energy Inc. and revised the outlook on the company to positive from stable.

The action is the result of the annual review for Reliant Energy and its subsidiaries and accounts for improvement in the company's financial profile, S&P said.

The positive outlook reflects the potential for a higher rating if Reliant can demonstrate consistently strong cash flow generation while preserving a strong capital structure, leading to better credit metrics for the current level of business risk, the agency said.

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