As part of an annual review, the international agency Fitch Ratings has confirmed the international credit rating of Inter RAO Group at BBB-, revising the outlook from stable to positive. Inter RAO Group’s rating is now therefore at the same level as the sovereign credit rating of the Russian Federation (BBB-, outlook positive).
In addition, the agency reviewed the national credit rating of Inter RAO Group, raising it from BB+ to BBB-, which, according to a press release published by Fitch Ratings, «reflects the Group’s strong position on the energy market and is a result of its top financial performance among electric power companies rated by the agency in Russia and the CIS».
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Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business.
The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates approximately 33.5 GW of installed power generation capacity.