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Published on 10/25/2023 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

Fitch rates Energo-Pro BB-

Fitch Ratings said it assigned Energo-Pro as' planned notes an expected senior unsecured BB- rating, in line with its long-term issuer default rating.

The proceeds will be used for the repayment of Energo-Pro's €300 million bridge facility, which was used to finance the acquisition of a 100% stake in Xallas Electricidad y Aleaciones, SAU and Feroe Ventures & Investments, SLU, and pay transaction-related expenses.

The outlook is stable.


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