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Fitch affirms Adani Energy Solutions rating at ‘BBB-‘; outlook stable
The affirmation reflects the company’s business profile, which is supported by a regulated asset base, a payment pooling mechanism for transmission assets, diversified counterparty exposure and established record in executing and operating transmission projects. Fitch has also affirmed Adani Energy guaranteed $500 million senior secured notes, due in 2026 and $500 million bonds due in 2036 at 'BBB-'