Moody’s reviews WEC, Wisconsin Energy

Moody's Investors Service said it placed the long-term ratings of WEC Energy Group, Inc. (WEC), Wisconsin Energy Capital Corp. (WECC) and Integrys Holding, Inc., including their A3 senior unsecured ratings, on review for downgrade.

The Prime-2 short-term ratings of WEC and Integrys are not on review.

"Today's rating action placing the long-term ratings of WEC, WECC, and Integrys on review for downgrade reflects heightened structural subordination risk from higher parent company debt levels and declining consolidated financial metrics," Moody’s vice president senior analyst Natividad Martel said in a news release.

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