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Fitch: Brazilian DisCos Rules for Concessions Renewal are Positive, but Challenging

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SAO PAULO--(BUSINESS WIRE)--The presidential decree authorizing the Ministry of Mines and Energy to renew the power distribution concessions is positive for the Brazilian power sector, but will pose some challenges for certain Distribution Companies (DisCos), according to Fitch Ratings. The agency had already incorporated the concessions' renewal into its base case scenario for the industry. Fitch considers the non-existence of concession fees or the tariff reduction associated with the renewal

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