OREANDA-NEWS. Fitch Ratings has updated its global criteria for rating debt instruments whose repayment is dependent upon cash flow from the operation of wind power projects.

Compared with the criteria being replaced the updated criteria report explicitly addresses rating considerations applicable to offshore wind projects. As a result the updated criteria broaden the qualitative guidance for the key rating drivers' completion and operation risks and expand on the financial analysis performed by Fitch as part of its analysis.

The latest criteria replace the existing criteria published on 14 May 2015 without modifying Fitch's analytical approach. No changes to the ratings of existing transactions are anticipated as a result of the application of the updated rating criteria.

The criteria report ' Rating Criteria for Wind Projects ' is available at 'www.fitchratings.com'.