KYIV, Nov 24 – Fitch Ratings has maintained Ukraine-based electricity generation company DTEK Renewables B.V.'s 'B-' Long-Term Foreign-Currency Issuer Default Rating (IDR) on rating watch negative (RWN), the agency said on its website.
"The RWN reflects continued uncertain credit impact stemming from the energy market reform in Ukraine. We will resolve the RWN once the state-owned guaranteed buyer starts repaying the outstanding receivables to renewable generators for electricity supplied in March-July 2020 and once we see longer record of at least existing payment discipline from the guaranteed buyer for the currently supplied electricity," it said.
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