Firtch reafirms ‘BBB’ for Isagén

Fitch reaffirmed ‘BBB’ rating for the third-largest energy producer in Colombia, Isagén. Yet with a negative outlook. According to Fitch, the LT FC IDR and LT LC IDR ratings are negative and stable in the long term. With that said, the acquisition of 139.8 MW of solar projects and a current 20MW wind project under construction can improve its competitive position, Fitch stated.

Source: Valoraanaltik