Fitch Ratings has affirmed Adani Energy Solutions’ Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB-‘, removing them from ‘Rating Watch Negative’. In a statement issued Monday, Fitch noted the Adani group’s improved funding access since certain board members of Adani Green Energy Limited (AGEL) were indicted in the US on 20 November 2024.
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