KYIV, June 30 – The international rating agency S&P Global Ratings has placed the "B-" rating of DTEK Renewables with a negative outlook on CreditWatch for a possible downgrade due to a deterioration in the company's liquidity against the background of a low level of settlements under feed-in tariffs.
"We are therefore placing our 'B-' rating on DTEK Renewables on CreditWatch with negative implications. The CreditWatch negative reflects the potential of a downgrade if payments from the guaranteed buyer do not resume, resulting in further liquidity pressure," the agency said on its website.
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