Moody's changes RWE's outlook to positive; affirms ratings
Rating Action: Moody's changes RWE's outlook to positive; affirms ratings. Global Credit Research- 12 Mar 2020. Paris, March 12, 2020-- Moody's Investors Service has today affirmed the Baa3 issuer rating of RWE AG, and the Ba2 rating of its subordinated hybrid capital securities.RWE is an electricity and gas company. The Conventional Power Generation segment consists of the activities of RWE Power, Essent and RWE npower. The Supply/Distribution Networks Germany segment supplies electricity, gas and heat. The Supply Netherlands/Belgium segment comprises the activities of Essent in the Netherlands. The Supply United Kingdom segment comprises the operations of RWE npower. The Central Eastern and South Eastern European segment contains activities in the Czech Republic, Hungary, Poland, Slovakia, Turkey and Croatia. The Renewables, Upstream Gas & Oil and Trading/Gas Midstream segments include the activities of RWE Innogy, RWE Dea and RWE Supply & Trading, respectively.
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