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S&P raises EGE Haina outlook
Standard & Poor's said it revised its outlook on Empresa Generadora de Electricidad Haina SA to positive from stable.
At the same time, the agency said it affirmed the B- corporate credit rating on the company and on its senior unsecured notes.
"The positive outlook reflects our expectation that Haina will gradually improve its financial profile," said S&P credit analyst Carolina Duran in a news release. "It is further diversifying its energy sources, expanding its capacity through large capital expenditures, and continuing to post satisfactory financial indicators and stronger cash flow generation capacity."
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