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United Illuminating Company: Connecticut regulator proposes penalties ...

The PURA proposed ROE penalties for UI in its pending rate case that, if approved, would hamper net income growth and reduce the company's ratio of CFO pre-WC to debt below 20%.

United Illuminating Company: Update to credit analysis

Our credit view of Ul reflects its strong financial metrics, including CFO pre-WC to debt of around 20%, offset by a more challenging Connecticut regulatory environment.

United Illuminating Company: Update following outlook change to positi...

Our view of United Illuminating reflects its low risk T&D business, a constructive rate settlement amid political & regulatory challenges and expected cash flow to debt ratios around 20%.

United Illuminating Company: Update to credit analysis

UI's credit reflects strong cost recovery provisions and financial metrics but is constrained by the uncertainty of regulatory changes coming in the next 12-18 months.

United Illuminating Company: Update to credit analysis

Our credit view of UI reflects the supportive regulatory framework in Connecticut and financial metrics that will decline, but remain strong with cash flow to debt between 17-20%.

United Illuminating Company: Update to credit analysis

Our credit view of United Illuminating Company reflects the improving credit supportiveness of its regulatory relationship with the PURA and adequate financial ratios.

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