S&P: Wisconsin Energy, Madison Gas unaffected

Standard & Poor's said the credit profiles of Wisconsin Energy Corp. (BBB+/stable/A-2) and Madison Gas & Electric Co. (AA-/stable/A-1+) are not currently affected by an administrative law judge's ruling regarding the cooling system of two coal units.

Wisconsin Energy (83.3%) and Madison Gas (8.33%) own the units that are being built. The ruling could expose the construction to tighter environmental standards that could lead to additional costs, the agency said.

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