ENMAX Corporation: Rating Report

On June 12, 2019, DBRS Limited (DBRS) maintained the Under Review with Negative Implications (UR-Negative) status on all of the ratings of ENMAX Corporation (ENMAX or the Company). The ratings were placed UR-Negative on March 25, 2019, following ENMAX’s agreement to acquire Emera Maine, the regulated electricity transmission and distribution company owned by Emera Inc., for USD 959 million ($1,286 million; the Acquisition).