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Rating Action: Moody's withdraws North Shore Gas rating for business reasonsGlobal Credit Research - 13 Apr 2021New York, April 13, 2021 -- Moody's Investors Service ("Moody's") has withdrawn North Shore Gas Company's A2 Issuer rating and stable outlook.RATINGS RATIONALEMoody's has decided to withdraw the rating for its own business reasons. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.Headquartered in Chicago, Illinois, North Shore Gas Company (NSG) is a regulated natural gas local distribution company with nearly 164,000 customers. NSG is regulated by the Illinois Commerce Commission (ICC). NSG is a subsidiary of Integrys Holding, Inc. (Integrys), an intermediate holding-company subsidiary of WEC Energy Group, Inc. (WEC). NSG ranks among the group's smallest utility subsidiaries. NSG's cash flows from operations approximated $28 million at year-end 2020, equal to around 1.3% and 3.6% of the consolidated CFO of WEC and Integrys, respectively. NSG's rate base approximated $300 million at year-end 2020, which represented about 1.3% of WEC's average consolidated rate base of nearly $23 billion, including its economic 60% ownership in American Transmission Company LLC.REGULATORY DISCLOSURESFor any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.The rating has been disclosed to the rated entity or its designated agent (s) and issued with no amendment resulting from that disclosure.This rating is solicited. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com.Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.Moody's general principles for assessing environmental, social and governance (ESG) risks in our credit analysis can be found at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1243406.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the EU and is endorsed by Moody's Deutschland GmbH, An der Welle 5, Frankfurt am Main 60322, Germany, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the UK and is endorsed by Moody's Investors Service Limited, One Canada Square, Canary Wharf, London E14 5FA under the law applicable to credit rating agencies in the UK. Further information on the UK endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating. Natividad Martel Vice President - Senior Analyst Infrastructure Finance Group Moody's Investors Service, Inc. 250 Greenwich Street New York, NY 10007 U.S.A. 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