Report
EUR 702.78 For Business Accounts Only

Unregulated Electric & Gas Utilities - EMEA: 2017 Outlook - Reducing Exposure To Commodities Supports Stable Outlook

INFRASTRUCTURE AND PROJECT FINANCE OUTLOOK 22 November 2016 TABLE OF CONTENTS Overall sector profits to decline modestly in 2017, before recovering thereafter 2 Electricity demand recovery faces energy efficiency headwinds 3 Renewables build out weighs on load factors and power prices 4 Power prices have recovered ground in 2016, but structural pressures remain 7 Profitability is underpinned by di
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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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