- Published: August 2011
Summary: EDP - Energias de Portugal, S.A. Nov 10
- Published: November 2010
- Standard & Poors
The ratings on Portuguese utility EDP - Energias de Portugal, S.A. (EDP) reflects Standard & Poor's Ratings Services' view of the company's stand-alone credit profile (SACP), which we assess at 'a-'. We also factor in our opinion that there is a "moderate" likelihood that the Republic of Portugal (A-/Negative/A-2) would provide timely and sufficient extraordinary support to EDP in the event of financial distress. We consider EDP to be a government-related entity (GRE). In accordance with our criteria for GREs, our view of a moderate likelihood of extraordinary government support is based on our assessment of EDP's: -"Important" role for the Portuguese economy as both a provider of an essential service and a key player in the implementation of energy...
Companies mentioned in this report are: EDP - Energias de Portugal, S.A.
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EDP - Energias de Portugal, S.A.
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