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Brief Excerpt: | ...Stable Credit Metrics: Electric corporates in Latin America (Latam) continue to demonstrate stable credit profiles, and according to Fitch Ratings, rating actions are expected to be moderate with slightly more positive than negative actions, with pockets of regional weakness. Latam power companies' credit metrics are expected to remain stable in the future. Approximately 65% of power companies in Latam hold Stable Outlooks and 22% hold Positive Outlooks with only a portion due to company specific trends rather than sovereign rating trends. Ratings Disparity: The vast majority of Latam electric corporates have strong investment- grade credit metrics, primarily as a result of strong capital structures, adequate contractual positions and favorable regulatory environments. Some power companies in Central America, Brazil (BB/Negative) and Argentina (B/Positive) are typically viewed as riskier and rated below investment grade reflecting political risk associated with operation in the countries.... |
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Report Type: | |
Company(ies) | Enel Generacion Chile S.A.
, Enel Americas S.A
, Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A.
, Colbun S.A.
, AES Panama, S.R.L.
, AES ANDES S.A
, Elektra Noreste, S.A.
, ENEL COLOMBIA S.A. E.S.P
, Nautilus Inkia Holdings LLC
, Engie Energia Chile SA
, Empresa Electrica Angamos SpA
, Aes Argentina Generacion S.A.
, Kallpa Generacion SA |
Ticker(s) | AESGENER , COLBUN , ELPL3 |
Issuer | Nautilus Inkia Holdings SCS |
Format: | PDF |  |
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