Fitch: Challenging Conditions for Electricity Companies in 2016

BOGOTA, Colombia--(BUSINESS WIRE)-- Fitch Ratings expects that low hydrologic conditions, coupled with structural regulatory flaws, could create a challenging environment for Colombian electricity companies in 2016. Expectations of limited water reserves for hydroelectric generation have led to a significant increase in spot prices. In addition, some thermoelectric companies are experiencing significant financial pressures because of the discrepancy between their current remuneration and variable costs.

The full report '2016 Outlook: Colombian Electric Corporates' is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

2016 Outlook: Colombian Electric Corporates (Regulatory Inconsistencies Put Pressure on Energy Generation)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=874023

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Fitch Ratings
Jorge Yanes
Director
+57-1-326-9999 ext. 1170
Fitch Ratings Colombia
Calle 69A No. 9 - 85
Bogota, Colombia
or
Julio Ugueto
Associate Director
+57-1-326-9999 ext. 1038
or
Media Relations:
Alyssa Castelli, +1 212-908-0540
[email protected]

Source: Fitch Ratings

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