Fitch Ratings has affirmed Enea’s rating’s stable outlook while also affirming its long-term foreign and domestic currency issuer default ratings of BBB. This evidences the Enea Group’s sound financial position and the consistent strengthening of its credibility among investors.
In its press release Fitch Ratings emphasizes that the issued rating reflects the Enea Group’s business profile as an integrated enterprise with electricity distribution and generation representing a large share, based on stable regulated distribution income and quasi-regulated revenue from the capacity market.
“The BBB rating confirms our creditworthiness on the market, which is crucial in the context of pursuing the Group’s transition and the investments planned in renewable energy sources and distribution. This is a good prognostic demonstrating how the Group is poised to grow based on robust financial and operational foundations”, said Marek Lelątko, Enea’s CFO.
The Company obtained a rating for the first time in April 2011, and since then it has maintained its rating at the level of BBB. This signifies low insolvency risk and sufficient capacity to pay the Enea Group’s financial liabilities.
Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.
