Fitch confirms Iren “investment grade” rating at BBB with stable outlook

27/01/2020
Fitch Ratings Agency has confirmed the BBB investment grade rating for IREN with a stable outlook. The assessment is mainly based on the update of the business plan to 2024, which, in continuity with previous years, confirms the prevalence of regulated and quasi-regulated activities, over 70% of EBITDA, by the end of the plan.
Fitch also positively assesses the strengthening of the Group’s financial ratios and liquidity profile.
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