Fitch affirms Isagen

Fitch Ratings said it affirmed Isagen SA ESP's foreign- and local-currency issuer default ratings at BB+.

The outlook is stable.

The agency said Isagen's ratings incorporate the company's strong portfolio of assets, solid market share position, diversified portfolio of electricity generation assets and strong credit metrics - although the credit metrics are expected to deteriorate in the medium term as the company implements its aggressive growth strategy.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.