Report
Tanmay Tyagi ...
  • Tom Li

Ontario Power Generation Inc.: Rating Report

On April 11, 2023, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Unsecured Debt rating of Ontario Power Generation Inc. (OPG or the Company) at A (low), and the Commercial Paper rating at R-1 (low). All trends are Stable. The ratings of OPG are based on its regulated generation operations in Ontario. The Stable trend reflects the Company's reasonable key credit metrics, given the complex and substantial capital expenditures program, for the current ratings.
Underlying
Ontario Power Generation Inc.

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Tanmay Tyagi

Tom Li

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