NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Caithness Shepherds Flat, LLC's (CSF) total $1.2 billion pari-passu project debt: Shepherds Flat Funding Trust I: --$420 million series A-1-G senior secured fixed-rate trust certificates at 'AAA'; ($420 million outstanding); --$105 million series A-1-a senior secured fixed-rate trust certificates at 'BBB-'; ($105 million outstanding). Shepherds Flat Funding Trust II: --$540 million A-2-G senior secured floating rate