DBRS Discontinues Ratings on St. Clair Holding, ULC
Project FinanceDBRS Limited (DBRS) discontinued the Issuer Rating and 4.881% Senior Secured Notes rating (the Notes) of St. Clair Holding, ULC, which indirectly owns Moore Solar LP and Sombra Solar, LP – two separate solar power sites located in Ontario (together, the Project). The ratings were discontinued as a result of early redemption of the Notes, which were repaid on December 10, 2018 (see DBRS press release dated November 21, 2018).
Notes:
The principal methodology is Rating Solar Power Projects, which can be found on dbrs.com under Methodologies & Criteria.
The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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