Promising growth prospects for power consumption; Competitive advantage in generating electricity at the lowest cost; Strong profitability; Stable cash flow from long-term power purchase agreements; Prudent financial management; and The institutional framework in the Republic of Panama. Exposure to hydrological conditions; and High volatility in spot energy prices The rating on AES Panama S.A. reflects our assessment of its stand-alone credit profile (SACP), which we asses at 'bbb-'. The SACP is based on the following: The company's satisfactory business position, based on its promising growth prospects for power consumption and its competitive advantage in generating electricity at the lowest cost; The strong profitability among hydropower plant operators in the region, the stable cash flows from long-term power purchase agreements, and...
Companies mentioned in this report are:
- AES Panama S.R.L.
- The AES Corp.
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