SINGAPORE: Fitch Ratings says in a new report that the financial profiles of rated power and gas utilities in south-east Asia are likely to be stable in 2015, and the entities will continue to benefit from lower energy costs.
Fitch also says that while capex requirements will remain high, the requirements have peaked for most rated companies, leading to stable credit profiles.
Some issuers will also benefit from energy price reforms.
However, there may be M&A risks for certain issuers in the region.
The full report "2015 Outlook: South-East Asia Utilities" is available at www.fitchratings.com - Reuters
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