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Article: Fitch Places Panama's Electricity Generation Companies on Rating Watch Negative.
- Article from:
- Energy Weekly News
- Article date:
- September 11, 2009
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Fitch Ratings has placed the ratings of AES Panama S.A. and Enel Fortuna, S.A. on Rating Watch Negative following the recently announced Presidential Resolution and initiatives that will lower Panama's hydroelectric generation companies' profitability.
The Negative Watch reflects the increasing consumer-oriented government initiatives that aim to lower electricity prices for end-users at the expense of hydroelectric ...