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Iren — Regulatory Filings 2021
Dec 22, 2021
4243_rns_2021-12-22_59742b2c-0d05-422a-99d6-5a00542403f4.pdf
Regulatory Filings
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PRESS RELEASE
Fitch confirms Iren's rating at "BBB" with "stable" outlook
Reggio Emilia, 22 December 2021 - The rating agency Fitch confirmed the "BBB" rating for the Iren Group with a "Stable" outlook. The judgment is mainly based on the update of the business plan to 2030 which provides for a significant growth in investments while maintaining a financial structure consistent with the rating assigned. Furthermore, the maintenance of a business portfolio consisting mainly of regulated and semi-regulated activities (72% of Ebitda), the creation of value and the stability guaranteed by the integration of the various businesses are elements considered positive by the rating agency.
Fitch also positively assesses the Group's liquidity profile.
For further details please refer to the following link https://www.fitchratings.com/site/pr/10188269
| Iren Group | Images | Investor Relations Area | Iren Overview |
|---|---|---|---|
Investor Relations Giulio Domma Tel. + 39 0521.248410 [email protected] Media Relations Roberto Bergandi Tel. + 39011 5549911 Mob. + 39 335.6327398 [email protected]
Barabino & Partners Giovanni Vantaggi Tel. +39 02.72023535 Mob. + 39 328.8317379 [email protected]