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Rating

According to the rating agencies reports, EDP has a stable outlook due to its relevance in the Portuguese electricity market, its increasing importance in the Iberian market and the low risk profile of its major business units.

EDP works with the major rating agencies in order to provide investors an independent credit risk appraisal.

 

S&P

Moody's

Fitch

EDP S.A. e EDP Finance BV

BBB / CW- / A-2

Baa3/ Neg / P3

BBB+ / CW- / F2

HC Energia

 

Baa3 / Neg / P3

BBB+ / CW- / F2

Energias do Brasil  

Ba1/Aa2.br/Stab

 
Bandeirante

BB+ / brAA+ / Stab

Baa3 / Aa1.br / Stab

 
Escelsa

BB / brAA / Stab

Baa3/Aa1.br/Stab

 

(December 2011)