DBRS Assigns Final Rating of A (low) to Brookfield Renewable Kwagis Bonds

DBRS has today assigned a final rating of A (low) with a Stable trend to the $175 million, 4.452% Series 2012-1 Senior Secured Bonds (the Bonds) issued by Brookfield Renewable Kwagis Holding Inc. (Kwagis Holding or the Issuer), guaranteed by the Issuer’s project subsidiary, Kwagis Power Limited Partnership (ProjectCo or the Guarantor), and secured by all assets of ProjectCo.

DBRS had assigned a provisional rating of A (low) with a Stable trend on October 11, 2012. Please refer to the October 11, 2012, press release for more detail.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodology is Rating Project Finance, which can be found on our website under Methodologies.