Fitch ups Enel Americas

Fitch Ratings said it upgraded Enel Americas SA’s long-term foreign and local currency issuer default ratings to A- from BBB+ and long-term national scale rating to AA+(cl) from AA(cl).

“The upgrade of Enel Americas reflects its strong track record of delivery on its objectives, its strong diversified and geographic footprint in South America, conservative leverage profile, strong relationship with parent Enel SpA and its focus on innovation and sustainability in the utilities sector in South America,” said Fitch in a press release.

The outlook is stable.

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