Fitch has affirmed Aguas Regionales EPM S.A. E.S.P. at 'AA-(col)' with a stable outlook, removing the negative watch. Emvarias also affirmed at 'AA+(col).
The alliance’s initial phase involves selected EPM companies, targeting daily reductions of around 1.5 GWh, with plans for expansion across EPM’s subsidiaries.
"This equity injection, along with an agreement to rollover bank debt with Bancolombia, have allowed the company to greatly reduce its refinancing risk," stated Fitch.