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EIF Channelview Cogeneration, LLC -- Moody's upgrades EIF Channelview's senior secured rating to Ba3 from B1; outlook stable

Moody's Investors Service, ("Moody's") has upgraded to Ba3 from B1 the rating on EIF Channelview Cogeneration, LLC's (Channelview, Borrower or Project) senior secured credit facilities. The facilities consist of a $275 million senior secured term loan B due 2025 (approx. $250 million currently outstanding) and a $30 million revolving credit facility due 2023. Channelview owns an 856 MW and 1.9 MM lbs/hr of steam, natural-gas fired, combined-cycle cogeneration facility located in the Houston zone of ERCOT.