ComEd reliability improvement plan on schedule

“We have made substantial progress in every area this year,” said John W. Rowe, chairman and CEO. “However, we still have a long way to go to improve reliability and regain the confidence of our customers. We are only at the halfway mark of our improvement plan, and we will continue to work at a fast pace.”

NEW YORK, Sept. 14, 2000 — Fitch affirmed its ratings of Wisconsin Energy Corp. (WEC) and Wisconsin Energy Capital Corp. (Capital) following WEC’s announcement that it will reduce the common stock dividend by approximately half beginning Dec. 1 of this year, and boost its common stock buy-back program from $200 million to $400 million over the next 28 months. The ratings affirmed are:

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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