Fitch affirms Iren rating: ‘BBB’ outlook stable
Fitch Ratings Agency has confirmed the BBB rating for Iren with a stable outlook. The assessment is mainly based on the update of the business plan to 2025 which, in continuity with previous years, confirms the prevalence of regulated and quasi-regulated activities for over 70% of the EBITDA and with consequent limited impact from pandemic-related adverse market effects.
Fitch also positively assesses the Group’s liquidity profile.
For more details, please refer to the following link fitchratings.com/site/pr/10140009