Fitch rates Navanakorn Electricity A-(tha)

Fitch Ratings said it assigned a national long-term rating of A-(tha) to Navanakorn Electricity Generating Co. Ltd.

The outlook is stable.

The ratings reflect the company's strong cash flow visibility, moderate financial leverage and single operating asset risk, Fitch said.

The ratings also consider price risks due to the company's sales to industrial users, the agency said.

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