S&P places Green Country on watch

S&P said it placed the rating for Green Country LLC’s notes on CreditWatch with negative implications, citing a forced outage caused by a mechanical failure.

“We do not yet know the magnitude of costs to repair the outage and the potential loss of cash flow because of the unit shutdown. However, we expect the project will experience some loss of cash flows because of the outage,” said S&P in a press release.

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