...Regulation, Costs Affecting Renewables: The outlook for the European renewable energy sector is negative due to increased political risk and ongoing industry adaptation to less favourable operating requirements and economic incentives. This results from the greater focus on the sustainability of incremental renewable capacity additions, in terms of the effect on the power industry in general and on the cost to consumers. Renewables will need to continue reducing unit costs to compete without subsidy, or with lower levels of support. The Negative Outlook on the two German and French onshore wind farm portfolios Breeze 2 and Breeze 3 is due to weak transaction-specific operational performances. The Rating Watch Negative on Italy-based Andromeda Finance S.r.l. (photovoltaic plant) reflects regulatory instability and weak power prices. Oil and Gas Downside Protection: Fitch Ratings expects the dash to build new liquefied natural gas (LNG) capacity to result in some moderation of prices. However,...
