Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ
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In Short – Fitch Ratings maintains stability, affirming Clean Renewable Power’s USD 363 million notes at ‘BB-‘ with a stable outlook. This underscores investor confidence and the company’s financial robustness, emphasizing its resilience in renewable energy investments.
In Details – NEW DELHI: Fitch Ratings on Thursday affirmed Hero Future Energies arm Clean Renewable Power (Mauritius) Pte Ltd’s USD 363 million senior secured notes a ‘BB-‘ rating with stable outlook.
CRP is a financing vehicle incorporated in Mauritius and a wholly-owned subsidiary of Hero Future Energies Asia Pte Ltd.
“The Clean Renewable Power (Mauritius) Pte. Ltd’s (CRP) USD 363 million senior secured notes due 2027 has been affirmed at ‘BB-‘. The Outlook is Stable,” Fitch Ratings said in a statement.
