I think the company is in pretty good shape to pursue current active projects.
SNPW Subsidiary Sun Pacific Power Corp Receives “A” Investment Grade Underwriter Support to Provide Insurance Wrap for $50 Million Funding of US Solar Manufacturing Plant
November 15, 2022
The significance of a A-grade rating.
“Loan grading is a classification system that involves assigning a quality score to a loan based on a borrower's credit history, quality of the collateral, and the likelihood of repayment of the principal and interest.
Loan grading is part of a lending institution's loan review or credit risk system and is usually an aspect of the credit underwriting and approval processes.
The score takes into account not only the borrower's credit score but also a combination of several indicators of credit risk from the credit report and loan application, such as the level of guarantor support, repayment history, cash flow, projected yearly expenses ”