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Fitch Affirms Berkshire Hathaway Energy Co & Subs; Upgrades PPW; Outlook Stable (Fitch Inc)

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(Source: Fitch Inc) 24 Nov 2015 3:43 PM EST Fitch Ratings-New York-24 November 2015: Fitch Ratings has affirmed the ratings of Berkshire Hathaway Energy Company (BHE) and certain of its subsidiaries. The Rating Outlook for BHE is Stable. Additionally, Fitch has upgraded PacifiCorp's (PPW's) Issuer Default Rating (IDR) to 'A-' from 'BBB+' and its securities ratings one notch as indicated at the end of this release. The Rating Outlook for PPW is Stable. The upgrade reflects PPW's solid underlying credit metrics, balanced regulation, competitive rates, and manageable capex. Fitch has affirmed the IDR and securities ratings for the following BHE subsidiaries: MidAmerican Funding LLC (MF),...

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