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Published on 2/26/2021 in the Prospect News Agency DailyProspect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News Green Finance Daily.

Fitch affirms Ontario Solar

Fitch Ratings said it affirmed Ontario Solar Holdings LP's C$104.725 million (C$86.08 million outstanding) term loan notes at BBB-.

The outlook is stable.

“The rating reflects Ontario Solar's long-term financial profile, which is anchored by fixed power purchase agreements (PPAs) with a strong counterparty, Ontario's Independent Electricity System Operator (IESO),” Fitch said in a news release.


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