Nova Scotia Power Inc.: Rating Report

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.