DBRS Finalizes Rating of IESO at A (high), Stable Trend and Discontinues Rating of the OPA

DBRS Limited (DBRS) has today finalized its provisional Issuer Rating of A (high) on the Independent Electricity System Operator (IESO) with a Stable trend. DBRS assigned the provisional rating on December 23, 2014 (see related press release). Accordingly, following the amalgamation of the IESO and the Ontario Power Authority (OPA), DBRS has also discontinued the Issuer Rating of the OPA.

Notes:
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodology is Rating Companies in the Regulated Electric, Natural Gas and Water Utilities Industry (October 2014), which can be found on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.