|
|
 |
|
Viewing report
|
|
|
|
Brookfield Renewable Power Fund 'BBB' CCR Affirmed On Continued Close Link With Brookfield Renewable Power Inc. Mar 11
Standard & Poors, March 2011
Abstract
We are affirming our 'BBB' long-term corporate credit rating on Brookfield Renewable Power Fund (BRPF). The affirmation reflects our view of the fund's continued close linkage with controlling shareholder Brookfield Renewable Power Inc. (BRPI), which exercises substantial influence over BRPF's strategic direction. The stable outlook reflects our view that controlling shareholder BRPI's improved business risk profile and strong financial flexibility support the rating on BRPF despite our concerns about its high debt and resulting weak coverage measures for the ratings. TORONTO (Standard & Poor's) March 1, 2011--Standard & Poor's Ratings Services today said it affirmed its 'BBB' long-term corporate credit rating on Brookfield Renewable Power Fund (BRPF). The outlook is stable. 'The affirmation reflects our view of the fund's continued...
Companies mentioned in this report are: Brookfield Renewable Power Fund,Brookfield Renewable Power Inc.
Action: Affirmed
Action: Outlook: Stable
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
