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AEM SpA

  • Published: December 2007
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Full Analysis

Abstract
Dominant position in electricity and gas in the Milan area Portfolio of efficient plants Modest regulated activities, which enhance revenue predictability Future competitive benefits of ownership interest in Edison and merger with ASM Brescia Aggressive financial profile Focus on power generation and supply in the increasingly competitive Italian market The long-term rating on Italian utility AEM SpA remains on CreditWatch with positive implications following the company's announcement that its shareholders have approved its merger with neighboring utility ASM Brescia SpA (A+/Watch READ MORE >

A2A SpA,Milan (City of),ASM Brescia SpA

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