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AES Panama S. A. Dec 12 Product Image

AES Panama S. A. Dec 12

  • ID: 2359469
  • December 2012
  • Region: Panama
  • Standard & Poors


  • AES Panama S. A.
  • The AES Corp.
  • MORE

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. A.
- The AES Corp.

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Full Analysis

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