Fitch affirms Eletropaulo

Fitch Ratings said it affirmed Eletropaulo Metropolitana Eletricidade de Sao Paulo’s long-term local and foreign currency issuer default ratings at BBB- and BB+, respectively.

The agency also affirmed Eletropaulo, Ampla Energia e Servicos SA and Companhia Energetica do Ceara's long-term national scale ratings at AAA(bra).

The outlook is stable.

Fitch said Enel Brasil SA's main operational companies, including Eletropaulo, are considered relevant subsidiaries of its controlling shareholder Enel Americas.

The agency said it considers the operational, strategic and legal ties between Eletropaulo, Ampla and Coelce and Enel Americas as strong.

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