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Amprion GmbH: Fitch Ratings confirms “BBB+” rating with stable outlook for Amprion
EQS-News: Amprion GmbH / Key word(s): Rating/Miscellaneous
Amprion GmbH: Fitch Ratings confirms “BBB+” rating with stable outlook for Amprion
07.06.2023 / 17:23 CET/CEST
The issuer is solely responsible for the content of this announcement.
Dortmund, Wednesday, 07 June 2023
Fitch Ratings confirms “BBB+” rating with stable outlook for Amprion
The transmission system operator Amprion GmbH (“Amprion”) has again received a “BBB+” rating with a stable outlook from the rating agency Fitch Ratings as part of its annual review. This reflects Amprion’s very strong credit quality.
"In light of our increasing investments in the grid expansion to achieve climate targets, it is particularly important for us to be a reliable and trustworthy issuer on the capital market," said Peter Rüth, Chief Financial Officer of Amprion. This is once again underlined by the confirmation of the investment grade rating.
Amprion plans to invest 22.2 billion euro in the expansion and renewal of the transmission grid in Germany within the next five years.
Fitch Ratings' press release on the current rating is available under the following link.
The Amprion Investor Relations Newsletter can be subscribed to under the following link.
Contact for investors and analysts:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
E-Mail: ir@amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000-kilometre extra-high voltage grid transports electricity in an area from the North Sea to the Alps. Around a third of Germany’s economic output is generated there. Our power lines are lifelines of society: They secure jobs and quality of life for 29 million people. We keep the network stable and safe – and prepare the way for a climate-compatible energy system by expanding our network. Around 2,300 employees in Dortmund and at more than 30 other sites help make sure the lights never go out. We also perform overarching operations for integrated grid systems in Germany and Europe.
Fitch Ratings confirms “BBB+” rating with stable outlook for Amprion
The transmission system operator Amprion GmbH (“Amprion”) has again received a “BBB+” rating with a stable outlook from the rating agency Fitch Ratings as part of its annual review. This reflects Amprion’s very strong credit quality.
"In light of our increasing investments in the grid expansion to achieve climate targets, it is particularly important for us to be a reliable and trustworthy issuer on the capital market," said Peter Rüth, Chief Financial Officer of Amprion. This is once again underlined by the confirmation of the investment grade rating.
Amprion plans to invest 22.2 billion euro in the expansion and renewal of the transmission grid in Germany within the next five years.
Fitch Ratings' press release on the current rating is available under the following link.
The Amprion Investor Relations Newsletter can be subscribed to under the following link.
Contact for investors and analysts:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
E-Mail: ir@amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000-kilometre extra-high voltage grid transports electricity in an area from the North Sea to the Alps. Around a third of Germany’s economic output is generated there. Our power lines are lifelines of society: They secure jobs and quality of life for 29 million people. We keep the network stable and safe – and prepare the way for a climate-compatible energy system by expanding our network. Around 2,300 employees in Dortmund and at more than 30 other sites help make sure the lights never go out. We also perform overarching operations for integrated grid systems in Germany and Europe.
07.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: | English |
Company: | Amprion GmbH |
Rober-Schumann-Straße 7 | |
44263 Dortmund | |
Germany | |
E-mail: | capitalmarkets@amprion.net |
Internet: | www.amprion.net |
ISIN: | DE000A3JN9U5 |
Listed: | Luxembourg Stock Exchange (Euro MTF) |
EQS News ID: | 1652029 |
End of News | EQS News Service |
1652029 07.06.2023 CET/CEST