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Fitch Ratings removes DTEK Renewables from Negative Rating Watch
Journal Staff Report

KYIV, April 30 - Fitch Ratings has affirmed Ukraine-based electricity generation company DTEK Renewables B.V.'s Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' and removed it from Rating Watch Negative (RWN), the outlook is stable, the rating agency said on its website.

"The affirmation reflects the improved payment discipline of the state-owned guaranteed buyer for the supplied electricity from renewables producers and commencement of the repayment of outstanding receivables to renewables generators for electricity supplied in March-July 2020, although with a delay to initial schedule," it said.




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