Bruce Power L.P.: Rating Report

On May 21, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Notes rating of Bruce Power L.P. (BPLP or the Partnership) at BBB with Stable trends. The rating confirmations reflect BPLP’s stable business risk profile underpinned by the fixed-price Implementation Agreement, its continuing robust credit metrics, and the good progress of the Unit 6 Major Component Replacement (MCR) project.