INSUBCONTINENT EXCLUSIVE:
strength rating improved recently due to key policy developments
Top Energy Rating Despite Regional Risks
Inflation remains a key concern, while political uncertainties and debt sustainability could impact sector growth across Latin
America.Rising energy costs present a significant market challenge
The sector faces limited flexibility in pricing while operating costs continue to increase, affecting consumer affordability and market
dynamics.Environmental factors play a crucial role in sector planning
carefully monitor forced generation curtailment issues
This operational challenge emerges from potential energy oversupply situations, requiring careful capacity management and
planning.Regulatory stability and market fundamentals support positive sector outlook
