DBRS gives A to Hydro One Brampton

DBRS said it assigned a provisional issuer rating of A with a stable trend to Hydro One Brampton Networks Inc.

The rating reflects the stability of the company’s electricity distribution business operating under a transparent and supportive regulatory framework in a strong and growing franchise area, the agency said. Hydro One’s financial risk profile is reasonable with key credits metrics that are supportive of the A rating.

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