on Amprion GmbH (isin : DE000A3JN9U5)
Fitch Ratings Confirms “BBB+” Rating with Stable Outlook for Amprion
Fitch Ratings has reaffirmed a “BBB+” issuer default rating with a stable outlook for Amprion GmbH, a key German transmission system operator. This rating, sustained through the agency’s yearly evaluation, reflects the company's consistent business operations and strong financial strategy.
Amprion GmbH, integral in the German energy transition, plans significant investments in its grid infrastructure. From 2024 to 2028, the company aims to invest approximately €27.5 billion in expanding and upgrading its transmission network, which is crucial for achieving Germany's climate goals.
According to Peter Rüth, CFO of Amprion, this rating from Fitch not only underscores the company's vital role in Germany's energy sector but also highlights its commitment to maintaining a robust financial foundation amidst these ambitious expansion efforts.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Amprion GmbH news