DBRS affirms Lower Mattagami

DBRS said it confirmed both the issuer rating of A (high) and the senior secured bonds rating of A (high) for Lower Mattagami Energy LP.

The commercial paper rating was also confirmed at R-1 (low).

The trend is stable.

DBRS said the ratings reflect robust project economics, highly rated counterparties and the financial and structural flexibility to manage primary risks and withstand potential downside scenarios during both construction and operating periods.

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