OREANDA-NEWS. Fitch Ratings has assigned China-based Gansu Province Electric Power Investment Group Corporation (GPI) a Long-Term Foreign-Currency Issuer Default Rating (IDR) and a senior unsecured rating of 'BBB-'. The Outlook is Stable.

GPI's ratings are credit-linked, but not equalised with, Fitch's internal credit assessment of China's Gansu province. The linkages between GPI and Gansu are based on strategic and operational linkages arising from the province's effective ownership of GPI, oversight of the company's management and strategies, the high strategic importance of GPI's investments to the province and the policy-support rendered to the company.