
Aguas Andinas obtains 'A-' rating from S&P

This is a machine translation of the Aguas Andinas release originally published in Spanish.
The main environmental services company in the country, Aguas Andinas, completed its international rating process with the agency Standard & Poor's, obtaining the highest rating with 'A-', which adds to the local ratings issued by Fitch and ICR at AA+. This occurs in the context of seeking new financing opportunities at international level, where the company has focused throughout the year on achieving this category, which has been made public by the rating entity and is an important milestone because it shows its solidity.
The general manager of Aguas Andinas, Marta Colet, highlighted that this important achievement "is tremendous news for the company, as it is a clear reflection of our commitment to the development and progress of the country in a stable and transparent regulatory environment, as has been over the last decade. Chile continues to be home to high-quality, financially sound and attractive companies for the international financial market and, in our case, despite facing the worst drought in history, we have managed to carry out a robust investment plan that will allow us to have a more prepared and resilient city despite the climate emergency and, at the same time, continue to provide a safe service for citizens”.
This classification is the highest granted for a non-state corporate company in Chile. Meanwhile, only two others have been awarded this rating, as is the case of Codelco and Metro, both of which have State support.
At a regional level, Aguas Andinas is also positioned and consolidated as the first company in the utilities sector to obtain this international rating.
Featured attributes
In its analysis, S&P highlights Aguas Andinas' generation of stable and predictable cash flows for the coming years due to its regulated nature and even considering the company's ambitious investment plan to face the direct impacts of climate change. It is worth noting that the company has stated that it hopes to maintain the investment rate of recent years with the aim of alleviating the effects of the drought and facing future adversities, including extreme weather events.
Additionally, the report from the international rating agency highlights the operational efficiencies that the utility is carrying out, with the aim of mitigating inflationary impacts on its costs as a result of the global context, efficiencies that leverage a growing Ebitda and a net debt to Ebitda of 3.5 times.
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
News in: Water & Waste (Chile)

How making construction greener could get cheaper
Despite increasing supply costs, businesses should invest in circular economy solutions to improve resource and energy management, experts argue.

Aguas Andinas inaugurates new water wells for Santiago
The works required an investment of US$33mn and consisted of digging 14 wells with a depth of 300m each.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Water & Waste (Chile)
Get critical information about thousands of Water & Waste projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: APR SYSTEM CONSTRUCTION ENSENADA DEL VALLE SIMPSON, COYHAIQUE
- Current stage:
- Updated:
2 years ago
- Project: Expansion and improvement of el bollenar, commune of melipilla, province of melipilla economic recovery plan
- Current stage:
- Updated:
12 months ago
- Project: Expansion and improvement of apr gacitúa, commune of isla de maipo, province of cordillera economic recovery plan
- Current stage:
- Updated:
12 months ago
- Project: Comprehensive Improvement of the Rural Drinking Water System in the town of Camarones Commune of Camarones
- Current stage:
- Updated:
1 year ago
- Project: Improvement and Expansion of the Rural Sanitary Service of Santa Rosa de Lebu, commune of Lebu
- Current stage:
- Updated:
2 years ago
- Project: Construction APR Aguas del Maipo, Commune of Isla de Maipo
- Current stage:
- Updated:
2 years ago
- Project: Improvement and Expansion of the Santa Inés de Patagüillas APR Service, Curacaví district Metropolitan Region
- Current stage:
- Updated:
2 years ago
- Project: EXPANSION AND IMPROVEMENT OF THE APR SERVICE OF FUTAHUENTE, RIO BUENO
- Current stage:
- Updated:
2 years ago
- Project: Rehabilitation of source ssr los maitenes and ssr lo gamboa commune of limache province of marga-marga
- Current stage:
- Updated:
12 months ago
- Project: Prospecting and drilling of ssr lo orozco, ssr la playa and ssr lo vasquez commune of casablanca
- Current stage:
- Updated:
12 months ago
Other companies in: Water & Waste (Chile)
Get critical information about thousands of Water & Waste companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: VOGT S.A.
-
VOGT is a Chilean company founded in 1954 focused on the development of technologies, engineering and innovation. The company provides a wide range of solutions for the transpor...
- Company: SRK Consulting Latin America (SRK)  (SRK Latin America (SRK))
-
SRK Consulting (SRK) is an international group established in 1974 by consulting companies providing advisory and solutions for mining, geotechnics, hydrogeology, tailings, dump...
- Company: Aguas Chañar S.A.  (Aguas Chañar)
-
Chilean water utility Aguas Chañar S.A. is a special purpose company engaged in developing, building, and operating potable water production and distribution facilities, and pro...
- Company: Consorcio Bechtel - Sigdo Koppers  (Consorcio BSK)
-
Consorcio BSK is a consortium formed by Chilean infrastructure firms Sigdo Koppers and Bechtel Chile Ltda. The strategic partnership between the two companies began in 1992 when...
- Company: Constructora Harcha Ltda.  (Harcha)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by BNamericas’ content team. However, it may have been au...
- Company: CRAMSA Infraestructura SpA  (CRAMSA Infraestructura)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Energías y Aguas del Pacífico  (ENAPAC)
-
Energías y Aguas del Pacífico (ENAPAC) is a JV between Chilean company Trends, through its subsidiary Trends Industrial S.A., and Almar Waters Solutions, a water infrastructure ...
- Company: Disal Chile Ltda.  (Disal)
-
DISAL Chile provides environmental services in the areas of water treatment, liquid and solid waste handling, , drinking water storage and road-dust control. Disal also has a wa...
- Company: AT-PAC Chile SpA  (AT-PAC Chile)
-
AT-PAC Chile is the local subsidiary of AT-PAC, a US company focused on manufacturing and supplying government, industrial, and commercial scaffolding for contractors and projec...