PLANTA SOLAR PUERTOLLANO 6 SA


Type of ratings: Project Finance

Rating value: BBB

Outlook: Stable

License: EthiFinance Ratings

Solicited

EthiFinance Ratings affirms Planta Solar Puertollano 6, S.A. "BBB" rating, maintaining its Stable outlook. Planta Solar Puertollano 6, S.A.U. is a company dedicated to the generation of electricity through the operation of a photovoltaic solar plant with an installed capacity of 10.44 MW, located in Fuenmayor (La Rioja) and in operation since 2008. At year-end 2021, the company reported a turnover of € 6.8M (+9.8%) and an EBITDA of € 5.9M (+16.7%), showing a positive capacity to meet its financial commitments through a Debt Service Coverage Ratio (DSCR) that amounted to 1.85x (+0.15x).

Ratings

Rating action: Under Observation

Review due to methodologies update.

Action date: 2023-07-24

Date last rating: 2022-12-05

Date first rating: 2017-02-22

Documents

Executive summary:
Executive summary:

Methodology

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