SAN FRANCISCO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Rating Criteria for Thermal Power Projects
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=753208
Fitch Ratings has updated its global criteria report for rating thermal power projects. Fitch's thermal criteria applies to a broad range of projects including newly constructed or existing, gas-fired or coal-fired, individual or portfolio, fully contracted or merchant projects.
The updated criteria report clarifies Fitch's approach to completion risk. The report also refines the qualitative guidance for the key rating drivers used to evaluate and compare thermal power projects. Fitch asseses risk factor attributes as 'stronger,' 'midrange,' or 'weaker' for each transaction.
The updated criteria replace the existing criteria published on June 17, 2013 without modifying Fitch's analytical approach. No changes to the ratings of existing transactions are anticipated as a result of the application of the updated rating criteria.
The criteria report 'Rating Criteria for Thermal Power Projects' is available at 'www.fitchratings.com'.
Additional information is available at 'www.fitchratings.com'.
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