Enel: Fitch confirms ratings, stable outlook

Enel places 175 billion euro bonds Requests over 3 times

(Finance) – Fitch Ratings confirmed its long-term debt rating Is in the to “BBB+”. The agency also maintained Enel’s short-term rating at “F-2”. The outlook remains “stable”.

The confirmation of the rating by Fitch – explains a note – mainly reflects the good operational performance of the Company in 2023 and the actions outlined in its 2024-2026 Strategic Plan.

Furthermore, the agency expects that the Group’s financial profile will benefit from the greater focus of investments in regulated business, especially in Italy, operational efficiencies and the priority placed on improving the profitability of renewable assets, which will favor EBITDA growth and generation of cash flows.

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