Report
EUR 220.63 For Business Accounts Only

REN - Redes Energeticas Nacionais, SGPS S.A.: Update to credit analysis

Our credit view of REN reflects its monopoly in energy networks, constrained by the continuation of extraordinary government levies on the energy sector in Portugal.
Underlying
RENERGETICA S.P.A.

Renergetica SpA. Renergetica SpA is an Italy-based company active in the renewable energy sector. It provides full support for the development of renewable energy power plants, from the site identification, to the plant authorization, including plant design and asset management, identifying technical solutions according to the client's needs. It is specialized in the development of renewable energy projects and the design of hybrid power generation systems. It offers Development, Engineering and Asset Management support services. The Company also provides a smart hybrid energy solution (SHES) for renewable and storage integration systems, HGSC (Hybrid Grid Smart Controller). The Company is active and managing projects worldwide.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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