21.01.2015 01:01:00
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Integrys Energy Group, Inc. -- Moody's: Sale of Upper Peninsula assets is positive for the WEC and Integrys' merger
New York, January 20, 2015 -- Moody's Investors Service comments that the Agreement that Wisconsin Energy Corporation (WEC; A2 negative) and Wisconsin Electric Power Company (WEPCO; A1 stable) entered into on January 12, 2015, in Michigan, will advance significantly the process of attaining pending regulatory approvals of the Merger Agreement between WEC and Integrys Energy Group, Inc (Integrys; A3 stable), particularly from the Michigan Public Service Commission's (MPSC) and the Federal Energy Regulatory Commission (FERC).