On January 22, 2020, DBRS Limited (DBRS Morningstar) confirmed both the Issuer Rating and the Senior Unsecured Debentures rating of Algonquin Power Co. (operating as Liberty Power Co; APCO or the Issuer) at BBB with Stable trends. The Issuer is wholly owned by Algonquin Power & Utilities Corp. (APUC or the Parent; rated BBB with a Stable trend by DBRS Morningstar). The confirmations reflect the following factors: (1) APCO’s improved operational size and scale over the past year with the additi...
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