Expert RA assigned a credit rating of IDGC of Centre, PJSC at the ruAA level
OREANDA-NEWS. The Rating Agency RAEX (Expert RA) assigned a long-term credit rating of IDGC of Centre, PJSC at the ruAA level on the national scale, the outlook for the rating is stable.
Positive impact on the rating is due to monopolistic market positions, the importance of the company as an element of the technical infrastructure of the Unified Energy System of Russia, and a stable ownership structure. Expert RA highly assesses the level of profitability of IDGC of Centre, low level of debt burden, comfortable structure of debt repayment and the forecast level of liquidity: the agency expects that the company will continue to finance capital expenditures at the expense of operating cash flow without attracting new borrowings. The quality of corporate governance and the level of information transparency of IDGC of Centre, PJSC are also highly rated by the agency.