Eneco received its first public rating by Standard & Poor’s in 2001. The current ratings, summarized in the table below, reflect the high creditworthiness of Eneco and the positive attitude of Standard & Poor’s towards the positioning, strategy and management of the company.
The strong cash flows, the conservative financial strategy and the availability of committed credit facilities are also contributing factors for the current ratings.
Organization Ratings
|
Description |
Rating |
Rating date |
Negative date |
|
Credit rating |
A-/Negative/A-2 |
April 27, 2009 |
April 27, 2009 |
Issue Ratings
Instrument |
Rating |
Rating date |
Negative date |
| EUR 1.5 billion syndicated RCF due 02/28/2013 |
A-/Negative |
April 27, 2009 |
April 27, 2009 |
| EUR 750 million ECP program |
A-2/Negative |
April 27, 2009 |
April 27, 2009 |
Program Ratings
Program |
Rating |
Rating date |
Negative date |
|
EUR 1.5 billion senior unsecured DIP |
A-/Negative |
April 27, 2009 |
April 27, 2009 |
S&P statements
|
December 10, 2009
|
|
S&P report - Ratings Direct |
| April 27, 2009 |
|
S&P report - Ratings Direct
|
September 11, 2008
|
|
S&P report - Ratings Direct
|
| July 18, 2008 |
|
Dutch utility Eneco placed on CreditWatch Negative on Unbundling of Regulated Operations |
June 6, 2008 |
|
ENECO Holding N.V. €1.5 Billion Syndicated Revolving Credit Facility assigned 'A' Rating
|
February 15, 2008 |
|
Standard & Poor’s maintains its Credit Rating of A/Negative/A-1 on ENECO Holding N.V.
|
August 14, 2007 |
|
Standard & Poor’s maintains its Credit Rating of A/Negative/A-1 on ENECO Holding N.V.
|
December 05, 2006 |
|
Eneco 'A/A-1' rating affirmed, off watch on suspension of unbundling; Outlook negative
|
August 18, 2006 |
|
S&P maintains its Credit Watch with negative implications on the Dutch utilities, and therefore also on Eneco |