Low-risk electricity transmission assets Generally supportive regulatory framework No volume or commodity price risk Stable and predictable regulated cash flow Capital spending continues to taper off during S&P Global Ratings' two-year outlook period and improves credit metrics Stable financial measures consistent with a significant financial risk profile Additional leverage at the AltaLink Investments L.P. (AILP) level, which results in lower credit metrics The stable outlook on AILP reflects that on Berkshire Hathaway Energy Co. (BHE). In addition, the outlook reflects that, during our two-year outlook period, we do not expect any changes to the strategic relationship between AILP and the BHE group. We expect AILP will continue to be a core part of the BHE group given the asset's nature
