On December 20, 2022, DBRS Limited (DBRS Morningstar) downgraded Nova Scotia Power Inc.'s Issuer Rating and Unsecured Debentures & Medium-Term Notes rating to BBB (high) from A (low) and its Commercial Paper rating to R-2 (high) from R-1 (low). All trends are Stable.
On December 2, 2020, DBRS Limited (DBRS Morningstar) confirmed Nova Scotia Power Inc.'s (NSPI or the Company) Issuer Rating and Unsecured Debentures & Medium-Term Notes rating at A (low). DBRS Morningstar also confirmed NSPI's Commercial Paper rating at R-1 (low). All trends are Stable.
On November 29, 2019, DBRS Limited (DBRS Morningstar) confirmed the ratings of Nova Scotia Power Inc. (NSPI or the Company). All trends are Stable. The ratings reflect stable operations in the Company’s regulated utilities in the Province of Nova Scotia (the Province; rated A (high) with a Stable trend by DBRS Morningstar) and robust key credit metrics. The Stable trends reflect DBRS Morningstar’s expectation that NSPI’s key credit metrics will continue to remain supportive of the ratings.
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