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Fitch Affirms Elektra Noreste, S.A. at 'BBB'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Elektra Noreste, S.A.'s (ENSA) foreign and local currency IDRs at 'BBB'. The rating action affects approximately US$100 million of outstanding debt due in 2021. The Rating Outlook is Stable. ENSA's ratings are based on its strong financial position, stable cash flow generation and low business risk profile, which is characteristic of electric distribution companies. Cash flow stability is positively incorporated into the rating as it lowers

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