Moody’s upgrade Gasunie’s credit rating to A1Groningen
On 8 August credit rating agency Moody’s changed the credit rating from Gasunie to A1. As main reasons for the change in outlook Moody’s cites:
- Gasunie’s solid financial profile despite lower future revenues
- clarity in regulation/regulated income for the coming years
- increased importance of GTS’s role in delivering the Dutch national energy objectives
You can find Moody’s press release here.