PLANTA SOLAR PUERTOLLANO 6 SA

EthiFinance Ratings upgrades the rating of Planta Solar Puertollano 6, S.A. from 'BBB' to 'BBB+', maintaining the 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. The plant is located in Fuenmayor (La Rioja) and has been operating under the regulated regime since 2008 . In 2022, the project improved its results and cash generation and made progress in reducing its debt as planned. The improvement in revenues (+6.7%), favoured by the price environment on the market, was reinforced at EBITDA level (+11.8%), allowing the improvement in cash generation before debt service to generate a positive DSCR of 2.10x (1.85x in 2021).