Fitch Ratings affirmed today the Long-Term Issuer Default Rating (IDR) for ACEA at "BBB+", the Short-Term IDR at “F2” and the Long-Term Senior Unsecured Rating at "BBB+". At the same time, the rating Agency announced that Acea's outlook has been changed from "stable" to "negative".
The change in outlook reflects their expectations of a higher leverage due to cash absorption for working capital and for 2022 group investments acceleration.
The rating affirmation “BBB+” reflects Acea's strategic focus in regulated businesses, combined with a solid operational performance.
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