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Keenan Fort Detrick Energy, LLC -- Moody's assigns an initial Aa3 rating to Keenan Fort Detrick Energy, LLC's Series 2019 Bonds; outlook stable

Moody's Investors Service ("Moody's") has assigned an initial Aa3 rating to Keenan Fort Detrick Energy, LLC's $209 million Taxable Revenue and Refunding Bonds (Fort Detrick CUP Phase III Project), Series 2019. Keenan Fort Detrick Energy, LLC (KFDE) is a special purpose entity that is 100% owned by Fort Detrick Cogen Partners, LLC (Cogen). Bond proceeds will finance KFDE's obligations under a 30-year Energy Services Contract with the Aaa-rated off-taker, the United States Government.