Rating Report

Elexicon Corporation: Rating Report

Utilities & Independent Power

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Summary

On May 5, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating of Elexicon Corporation (Elexicon) at “A” with a Stable trend. Elexicon was formed on April 1, 2019, through the amalgamation of Veridian Corporation and Whitby Hydro Energy Corporation. Elexicon's rating continues to be supported by its stable regulated operations, reasonable financial profile, and supportive shareholders.

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