Fitch affirms Adani Green RG rating at BBB-, with stable outlook
MUMBAI – Fitch Ratings on Friday affirmed its “BBB-” rating on Adani Green Energy Restricted Group 2’s $362.5 million senior secured notes, and retained a “stable” outlook. The credit assessment is supported by the company’s solar portfolio and credit metrics. “The restricted group’s financial profile with debt-service coverage ratio (DSCR) of 1.44 times is stronger … Read more