Moody’s

Moodys: PR19 will lead to overspend and operational penalties

Moodys warns Ofwat's final determinations could have the most detrimental impact to the water sector's credit rating for 30 years and predicts appeals to the CMA will take more than six months to resolve. Sizeable gaps remain between the regulator's targets and business plans from the companies.

10/12/2019

News

Labour promise to honour network debt ‘reduces risk’ of creditor loss

Labour’s proposals to honour the existing debt of network operators in full “significantly reduces” the risk that nationalisation would result in immediate losses for operating company creditors, ratings agency Moody's has said.

16/05/2019

News

SSE has issuer rating downgraded by Moody’s

Moody's said it took into account the announcement of 17 December that the merger between SSE and fellow large supplier Npower will not occur as previously announced.

21/12/2018

News

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