REN's credit rating upgraded by Moody's to Baa1
The stable outlook reflects strong financials; REN also holds BBB+ from Fitch and S&P.
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Portuguese electricity and gas transmission system operator
ren.ptLast updated
In short: REN achieved a 150.7% net profit increase in Q1 2026 and received multiple international sustainability awards while managing grid reliability.
The stable outlook reflects strong financials; REN also holds BBB+ from Fitch and S&P.
ERSE classified the blackout of April 28, 2025 as an exceptional, exogenous and extraordinary event.
Net profit rises 150.7% to €36.2M, EBITDA up 11.1% to €143.2M, CAPEX down 29.9%.
The General Assembly approved 0.160 euros per share for 2025, with 0.096 euros net to be paid from May 12, 2026.
Simulations carried out by REN and validated by the Directorate-General for Energy and Geology anticipate that Portugal will not meet the reliability standard of the electrical system, risking...
The most recent phase of REN's privatization has been completed. The Chinese and Omani companies have already bought the agreed stakes, after the...
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REN recorded an 11.1% increase in EBITDA, with the company highlighting the good performance of operations in Chile.
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