...Chile Performing Well: AES Gener S.A.'s (Gener) EBITDA generation totaled USD310 million in first-half 2015, up 9% on a year-over-year basis. This improvement was driven by outperformance in Chile, especially in the Central Interconnected System (SIC), where the company registered its highest EBITDA generation ever due to higher efficient generation and incremental leasing income from its Nueva Renca power plant. In Chile's Northern Interconnected System (SING) results were assisted by higher unregulated demand. Solid 2H15 Results Expected: Fitch Ratings expects results to improve in second-half 2015 given contract prices in Chile reset at the end of the second quarter, which traditionally helps provide tailwinds for Gener. Fitch does expect Argentina sales to continue to be negatively affected by a continued currency devaluation and economic slowdown, while Colombian results will remain relatively slow due to better hydrology leading to lower spot prices and the Colombian peso's continued...
