The outlook on Enel's issuer default ratings remains stable, Fitchsaid. 'Fitch does not see any significant impact on Enel's creditprofile as the additional debt incurred in association with theacquisition of these Endesa shares can be accommodated within Enel'scurrent ratings,' said Thomas Baumeister, a senior director forEuropean Energy & Utilities at Fitch.
The ratings agency said that it will closely monitor Enel's creditprofile and evaluate any further financial impact on the back of apotential increase in its Endesa stake that could be triggered by theSpanish Energy Commission's approval of Enel's increase to 24.99 pct ofEndesa's share capital.
Separately, Standard & Poor's Ratings Services said its ratings and outlook on Enel remained unchanged.
