FortisBC Inc.: Rating Report
On March 8, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating, Secured Debentures rating, and Unsecured Debentures rating of FortisBC Inc. at A (low). DBRS Morningstar also confirmed FBC’s Commercial Paper rating at R-1 (low). All trends are Stable.Fortis is principally an international electric and gas utility holding company. Co. also holds investments in non-regulated generation assets. Co.'s business segments are: Regulated Electric & Gas Utilities - United States; Regulated Gas Utility - Canadian; Regulated Electric Utilities - Canadian; Regulated Electric Utilities - Caribbean; Non-Regulated - Fortis Generation; Non-regulated - Non-Utility; and Corporate and Other. Its regulated utilities served more than 3.0 million customers across Canada and in New York State and the Caribbean. Co. also holds investments in non-regulated generation assets in Canada and Belize, through Fortis Generation.
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