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Fitch: EMEA emerging markets integrated utilities ratings largely stable
Most EMEA emerging markets (EM) integrated utilities have a stable rating despite Fitch Ratings’ expectations of an increase in capex. Links with the state still drive the ratings of most EM integrated utilities. We upgraded the ratings of Abu Dhabi National Energy Company PJSC (AA/Stable) and Saudi Electricity Company (A+/Stable)…
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Source: Fitch