Fitch Ratings upgrades outlook on Adani Ports and Adani Energy to ‘Stable’

Fitch Ratings upgrades outlook on Adani Ports and Adani Energy to ‘Stable’

Global rating agency Fitch Ratings has revised the Outlook on Adani Ports and Special Economic Zone Limited’s (APSEZ) as well as Adani Energy Solutions Limited’s (AESL) to ‘Stable’ from ‘Negative’, adding that the Adani Group has demonstrated access to diversified funding sources. Fitch has also affirmed the ‘BBB-‘ ratings on Adani Electricity Mumbai Limited’s (AEML)…

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S&P upgrades its outlook on three Adani Group companies

S&P upgrades its outlook on three Adani Group companies

Mumbai: S&P Global Ratings has revised its outlook on three Adani Group entities-Adani Electricity Mumbai. (AEML), Adani Ports and Special Economic Zone (APSEZ), and Adani Green Energy Restricted Group 2-on the back of sustained operational strength and continued access to funding despite regulatory overhangs. Following its latest review, the agency affirmed the credit ratings of…

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