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Fitch reaffirms REN's rating

 

The North American financial rating agency Fitch reaffirmed BBB rating given to REN - Redes Energéticas Nacionais. The "stable" perspective was also maintained, following the acquisition of EDP Gás.

After the same evaluation by Moody's, Fitch is the second financial rating agency to reaffirm REN's rating and perspective.

REN's rating continues to be two levels above that of the Portuguese Republic. With this evaluation, REN continues to be the Portuguese company with the best aggregate evaluation from the three largest global rating agencies (Fitch, Moody's and Standard & Poor's).