Credit and Financials
Powerex is the wholly-owned energy (power and natural gas) marketing and trading subsidiary of BC Hydro, a Crown Corporation of the province of British Columbia. BC Hydro's debt is either held or guaranteed by the provincial government, and that debt has a Standard and Poor's credit rating of AAA through the Province, Aaa Moody's, AA (high) from DBRS.
In today's energy marketplace, credit risk management is critical to a company's operations and success. Powerex has strict credit risk management processes and practices in place to protect both the company and its customers.
As a wholly-owned subsidiary, all Powerex’ income is consolidated with BC Hydro’s, and its financial and operating results can be found in BC Hydro’s annual reports
For more information, contact Powerex' Credit Department:
Bernice Crick, Credit Risk Manager
Tel: (604) 895-7093
Fax: (604) 891-5025