S&P Global Ratings upgrades DEI to 'BB' after €24 billion investment plan

3 sourcesFirst reported 1 month agoUpdated 1 month ago

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S&P upgraded DEI's credit rating from BB- to BB with a stable outlook.
The upgrade was prompted by a recent capital increase and business plan revision.
The agency anticipates significant EBITDA growth for DEI by 2028, reaching €3.2-3.4 billion.
DEI plans to increase investments to €24 billion for 2026-2030 due to rising electricity demand.
The company's strategic shift to renewable energy and regulated activities enhances its risk profile.

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