Sri Lanka’s WindForce ‘A+(lka)’ rating affirmed by Fitch

Fitch Affirms ‘A+(lka)’ Rating for Sri Lanka’s WindForce

Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based power generator WindForce PLC at ‘A+'(lka) with a stable outlook. This decision is based on the company’s expanding role as a significant renewable power generator both within Sri Lanka and in several regional markets. The rating reflects WindForce’s increasing scale, diversified resources, and stable cash flows secured through long-term power purchase agreements (PPAs).…

Sri Lanka’s WindForce ‘A+(lka)’ rating affirmed by Fitch

ECONOMYNEXT – Fitch Ratings has affirmed Sri Lanka-based power generator WindForce’s National Long-Term Rating at ‘A+'(lka), with a stable outlook, based on its growing scale as a prominent renewable power generator in the island and several regional markets. “WindForce’s rating reflects its growing scale as a prominent renewable power generator in Sri Lanka and several regional markets, its resource diversity and contractual cashflows via long-…