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Fitch Lowers Redeia’s Rating Against the Increased Investment Effort Foreseen in Its New Strategic Plan
Summary by Forbes España
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Forbes España
Fitch Ratings has reduced Redeia Corporación's long-term credit rating to 'BBB+' from 'A-', maintaining its 'stable' perspective, the company informed the National Securities Market Commission (CNMV). Specifically, the agency's decision responds fundamentally to the increase in the investment effort foreseen in the coming years, within the framework of Redeia's strategic plan "oriented to boost the energy transition, the reinforcement and modern…
Fitch lowers the rating of Redeia to BBB+ from A- for the increase of investments foreseen in its strategic plan to boost the energy transition.
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