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Moody's revises outlook on Ontario IESO, OEFC

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Moody's revises outlook on Ontario IESO, OEFC

The IndependentElectricity System Operator of Ontario's ratings outlook has beenrevised to stable from negative at Moody's. So has 's:to stable from negative.

The IESO has a long-term issuer rating of Aa2 while the OEFChas a senior unsecured rating of Aa2. Moody's said April 28 that the action onIESO reflected expectation of ongoing stability in its relationship with Ontarioand its legislative and operating frameworks.

The ratings outlook on OEFC was revised by virtue ofguarantees on its rated debt by the province of Ontario.