Triple A rating for Pirapora
Rio de Janeiro, September 16th, 2022 – This month, Fitch Ratings assigned the National Long-Term Rating ‘AAA(bra)’, with Stable Outlook, to the first and second issuance of debentures of Pirapora I and II, totaling R$220 million and R$118 million, respectively. The first phase of the solar park also received the ‘A+’ Long-Term Rating.
Located in Minas Gerais, Pirapora Photovoltaic Plants are controlled by EDF Renewables and Omega Energia, representing one of the largest solar complexes in South America.
For more, access “Fitch Affirms ‘AAA(bra)’ for the 2nd Issue of Debentures of Pirapora II” and “Fitch Affirms ‘A+’/’AAA(bra)’ on Pirapora Debenture Issue;“.
About EDF Renewables do Brasil
In Brazil since 2015, EDF Renewables Brasil is among the country’s leaders in the renewable energy sector with more than 1.7 GW of solar and wind power projects made feasible in Bahia, Minas Gerais, and Paraíba. EDF Renewables is a leading international renewable energy company, with gross installed capacity of 15.6 GW worldwide. Its development is mainly focused on wind and solar photovoltaic energy. EDF Renewables operates mainly in Europe and North America but continues to grow and establish itself in promising regions such as Brazil, China, India, South Africa, and the Middle East. The company also holds strong positions in offshore wind energy and other areas of the renewable energy industry, such as distributed energy and energy storage. EDF Renewables develops, builds, operates and maintains renewable energy projects, both for itself and for third parties. Most of its international subsidiaries carry the EDF Renewables brand. EDF Renewables is the subsidiary of EDF Group specialized in the development of solar and wind energy.