NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded Central Hudson Gas & Electric Co.'s (CHG&E) long-term Issuer Default Rating (IDR) to 'BBB+' from 'A-' and revised the Rating Outlook to Stable from Negative. In addition, Fitch has downgraded CHG&E's senior unsecured debt to 'A-' from 'A'. Fitch has also affirmed CHG&E's short-term IDR at 'F2'. The ratings downgrade is driven by Fitch's expectation of continued deterioration of CHG&E's financial profile over the next se
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