Fitch Ratings affirmed Itaipu’s ‘AA(bra)’ rating with stable outlook

The risk rating agency Fitch Ratings affirmed Itaipu’s ‘AA(bra)’ Long-Term National Rating with stable outlook, limited by the strong link of the company’s credit profile with Brazil, which historically purchases about 85% of the energy produced by the company, guaranteeing or financing 95% of its debt. The binational company also benefits from the great predictability of its cash flow, arising from the Itaipu Treaty signed between Brazil and Paraguay.

Source: Canal Energia