Iberdrola credit rating hit as Spanish government abandons electricity sector bail out

A Spanish government decision to abandon plans to bail out the country’s electricity sector from a €3.6 billion deficit has diminished credit rating of Spain’s power producers - including Scottish Power owner Iberdrola - by investor service agency, Moody’s.

Standard content for Members only

To continue reading this article, please log into your Utility Week Account or subscribe now.

Already registered?

Log in

Request a call back