Credit Rating Report
Northwestern Hydro Acquisition Co Inc.: Rating Report
Project FinanceSummary
On March 21, 2024, DBRS Limited (Morningstar DBRS) downgraded the Issuer Rating of Northwestern Hydro Acquisition Co Inc. and the credit rating of its $650 million Senior Secured Bonds to BBB from BBB (high). All trends remain Negative.
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Contacts
Victor Leung
Senior Vice President, Sector Lead - Corporate Ratings, Asset Finance
+(1) 416 597 7519
victor.leung@morningstar.com- Valiant Ip
Vice President - Corporate Ratings, Asset Finance
+(1) 416 597 7389
valiant.ip@morningstar.com