Topic:"Financial Instruments" in M12914

8 TABLE 1 Description (Amounts in $millions) 2026 (approved) 2027 2028 $O\&M^2$ 22.0 27.2 21.6 Depreciation 3 57.2 57.7 58.1 Debt Financing Costs • Interest (Net) 37.8 36.7 35.4 Amortization of Deferred Financing Costs 1.4 1.5 1.4 Equity F...

AI summary Table 1 presents financial data including operating and maintenance costs, depreciation, debt and equity financing costs, and total costs for the years 2026, 2027, and 2028. The data shows variations in these costs across the years.

12 2.4.1 Annual Net Interest Costs 13 14 The requested recovery of annual net interest costs in 2027 is $36.7 million. This 15 represents total coupon interest costs of $36.1 million, letter of credit fees of $0.4 16 million, interest on d...

AI summary The document discusses the requested recovery of annual net interest costs for 2027 and 2028, including coupon interest, letter of credit fees, and interest on debt financing, partially offset by interest revenue and disallowed expenses. It also outlines the financing structure for the Maritime Link project, including bond guarantees and repayment schedules.

Date Filed: June 25, 2026 Page 18 of 28 1 associated cost recovery rights. Of note is that, at this time, none of the lenders were 26 costs incurred. In the Final Cost Decision, the NSEB confirmed the prudence of 27 NSPML's hedging arrange...

AI summary The document discusses the Deferred Financing Charges (DFC) related to the Maritime Link project, including the amortization period and recovery schedule. It notes that the NSEB confirmed the prudence of NSPML's hedging arrangements and outlines the remaining DFC to be recovered in 2027 and 2028. An 8.75% return on equity (ROE) is applied for 2027 and 2028, consistent with the 2026 Assessment Decision.

REDACTED 1 Request IR-05: 2 3 In Exhibit N-1, p. 9, NSPML describes the contingency support budget, with potential refund 4 to customers. Please provide the approved budget amount, actual amount, and details on 5 associated refunds, as app...

AI summary The document discusses NSPML's marine contingency support budget and associated customer refunds from 2022 to 2026. It outlines the approved and actual amounts for each year, as well as the refund mechanisms, including the inclusion of WACC and conditions for 2026.

a) Policies 2027 Budget 2028 Budget Financial and Professional lines $30,463 $31,211 Broker and other fees $33,675 $33,859 Liability policies $254,484 $270,347 Property policies $3,987,031 $3,872,628 Total $4,305,654 $4,208,045 b) The decr...

AI summary The table shows a decrease in the total budget from $4,305,654 in 2027 to $4,208,045 in 2028, primarily due to a decrease in property premiums driven by favourable property market conditions, as estimated by brokers.

NSPML Responses to Industrial Group Information Requests 2 determine an alternative path to resolution. 3 4 Claims: 5 There are two outstanding land claims; NSPML is working with external counsel to resolve 6 these. 7 8 In total, the outst...

AI summary NSPML has responded to industrial group information requests regarding land claims, project costs, and credit facilities. The outstanding project costs are expected to be no more than $6 million, and the marine survey cost was treated as an O&M expense. NSPML has committed to a $25 million credit facility and an uncommitted accordion of $10 million, with questions raised about borrowing limits and expansion plans.

10 11 Proposed Payment Schedule 2027 2027 Month Assessment 2027 FLG2 Total Jan-27 13,458,333.33 13,458,333.33 Feb-27 13,458,333.33 13,458,333.33 Mar-27 13,458,333.33 13,458,333.33 Apr-27 13,458,333.33 13,458,333.33 May-27 13,458,333.33 20,...

AI summary The document presents a proposed payment schedule for 2027, including monthly assessments and total amounts. It also references responses provided by NSPML to information requests from the Nova Scotia Energy Board.

NON-CONFIDENTIAL Proposed Payment Schedule 2028 2028 Month Assessment 2028 FLG2 Total Jan-28 12,791,666.67 12,791,666.67 Feb-28 12,791,666.67 12,791,666.67 Mar-28 12,791,666.67 12,791,666.67 Apr-28 12,791,666.67 12,791,666.67 May-28 12,791...

AI summary The document presents a proposed payment schedule for 2028, outlining monthly assessments and totals, including a special payment in May and November. It also mentions NSPML's responses to information requests from the Nova Scotia Energy Board.

38 Request IR-5: 39 40 In Exhibit N-1, p. 9, NSPML describes the contingency support budget, with potential refund to 41 customers. Please provide the approved budget amount, actual amount, and details on associated 42 refunds, as applicab...

AI summary The document requests information regarding the contingency support budget and associated refunds for the years 2022-2026, as described in Exhibit N-1, page 9 by NSPML.

1 (c) Please quantify the regulatory cost savings NSPML attributes to a two-year 2 versus a one-year assessment process. 3 Request IR-2: 4 Reference: Section 2.2, Table 2, O&M Forecast 2027 and 2028 vs 2026 ($ millions) (p. 7) 5 (a) Please...

AI summary The document requests NSPML to quantify regulatory cost savings from a two-year versus one-year assessment process, update O&M forecasts with detailed data, explain variances, and provide details on the HVDC converter station service agreement and LTSA. It also references prior matters and requests specific information for regulatory analysis.

23 Request IR-15: - 24 Reference: Section 3.0, Federal Loan Guarantee 2 (p. 20). - 25 Preamble: The Application seeks recovery of $38.8 million in FLG2 financing costs in - 26 2027 and $38.0 million in 2028, comprising coupon interest, pri...

AI summary The document references a request for information regarding the FLG2 bonds, including the outstanding principal balance and an amortization schedule for the bonds through to maturity, consistent with previously provided information.