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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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