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EnBW Energie Baden-Wuerttemberg AG: Update following affirmation of Ba...

Our credit view of this issuer reflects its our view of a high likelihood of a substantial a!3 billion equity increase in 2025, against its large capital spending programme.

Moody's assigns Baa3 rating to EnBW AG hybrid notes; stable outlook

Moody's Investors Service (Moody's) has today assigned a Baa3 long-term subordinated rating to the proposed EUR benchmark-size resettable fixed rate hybrid notes (the Hybrids) to be issued by EnBW Energie Baden-Wuerttemberg AG (EnBW). The size and completion of the Hybrids are subject to market cond...

EnBW Energie Baden-Wuerttemberg AG: Update to credit analysis

Our credit view of this issuer reflects its supportive shareholders, reflected by moderate dividend extractions, constrained by its growing share of renewable assets.

EnBW Energie Baden-Wuerttemberg AG: Update following affirmation of Ba...

Our credit view of EnBW Energie Baden-Wuerttemberg AG reflects the losses incurred because of gas curtailment, which are partly offset by the benefits of higher power prices.

EnBW Energie Baden-Wuerttemberg AG: VNG's submission of application fo...

Comments on credit implications of VNG's decision to apply for emergency funding

Moody's assigns Baa3 rating to EnBW AG hybrid notes; stable outlook

Rating Action: Moody's assigns Baa3 rating to EnBW AG hybrid notes; stable outlook. Global Credit Research- 23 Aug 2021. NOTE: On August 27, 2021, the press release was corrected as follows: In the first sentence of the methodology paragraph, the name of the second methodology was changed to Government-Related Issuers Methodology.

Moody's assigns Baa3 rating to EnBW AG hybrid notes; stable outlook

Rating Action: Moody's assigns Baa3 rating to EnBW AG hybrid notes; stable outlook. Global Credit Research- 23 Aug 2021. Paris, August 23, 2021-- Moody's Investors Service has today assigned Baa3 long-term subordinated ratings to the proposed EUR benchmark-size resettable fixed rate hybrid notes to be issued in two tranches by EnBW Energie Baden-Wuerttemberg AG.

EnBW Energie Baden-Wuerttemberg AG: Update following downgrade to Baa1

Our credit view of EnBW reflecting high degree of regulated earnings offset by step-up in capital expenditures, which will pressure credit metrics in the near term.

Moody's assigns Baa2 rating to EnBW AG hybrid notes; negative outlook

Rating Action: Moody's assigns Baa2 rating to EnBW AG hybrid notes; negative outlook. Global Credit Research- 22 Jun 2020. Paris, June 22, 2020-- Moody's Investors Service has today assigned a Baa2 long-term rating to the proposed EUR benchmark resettable subordinated fixed rate hybrid notes to be issued by EnBW Energie Baden-Wuerttemberg AG.

EnBW Energie Baden-Wuerttemberg AG: Update to credit analysis

Our credit view of EnBW reflecting a high degree of visibility thanks to regulated earnings, partly offset by continued weakness in credit metrics.

Moody's assigns Baa2 rating to EnBW AG hybrid notes; negative outlook

Rating Action: Moody's assigns Baa2 rating to EnBW AG hybrid notes; negative outlook. Global Credit Research- 29 Jul 2019. Paris, July 29, 2019-- Moody's Investors Service has today assigned a Baa2 long-term rating to the resettable fixed rated Hybrid Capital Securities, shortly to be issued in two tranches by EnBW Energie Baden-Wuerttemberg AG.

EnBW Energie Baden-Wuerttemberg AG: Update following change in outlook...

Our credit view of EnBW following the recently announced acquisitions.

EnBW Energie Baden-Wuerttemberg AG: Update following a rating upgrade ...

Our credit view of EnBW highlighting the company's solid financial profile, improving business mix and disciplined financial policies.

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