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S&P affirms Engie Energia Chile
S&P said it affirmed its BBB ratings on Engie Energia Chile SA and on its senior unsecured bonds.
The outlook remains stable.
“The affirmation reflects our expectation that Engie Energia Chile will continue to benefit from its long-term power purchase agreements (PPAs) with solid counterparties with an average remaining life of 13 years as of March 2018, which reduce cash flow volatility,” S&P said in a news release.
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