Sao Paulo, March 06, 2015 -- Moody's America Latina Ltda affirmed the Baa3/Aa1.br issuer ratings on Energest S.A. Moody's also affirmed the Baa3/Aa1.br ratings on BRL 120 million in debentures issued by Energest that are scheduled to mature on April 24, 2017. The outlook for all ratings was changes to negative from stable.

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