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![Scope affirms its BBB+/Stable issuer rating on BKK AS](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_e7090e4204e9c0c51d8c6246197bccd30b3f6e82cb593f598a50dcd5f1ea26ed.jpg)
11/8/2021 Rating announcement EN
Scope affirms its BBB+/Stable issuer rating on BKK AS
The affirmation reflects the return to a more conservative financial risk profile this year, helped by higher power prices and subsequently stronger operational cash generation from BKK’s hydropower production segment.
![Scope affirms its BBB+/Stable issuer rating on BKK](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_50fdad3cd2873f35bf100d11dae92a220915eb5f12a113ef5a5f41cb501e7ae6.jpg)
17/8/2020 Rating announcement EN
Scope affirms its BBB+/Stable issuer rating on BKK
The affirmation reflects Scope's expectation that BKK will continue to generate positive Scope-adjusted free operating cash flow in the medium term despite the lower contribution from its hydropower production unit this year.
![Scope assigns BBB+ corporate issuer rating to BKK AS; Outlook is Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_11ad3d6c5f17eee62c264c78ac3b6fad19e8694e199d29239b8f80c6269a6dce.jpg)
22/8/2018 Rating announcement EN
Scope assigns BBB+ corporate issuer rating to BKK AS; Outlook is Stable
The first time BBB+ issuer rating on BKK is predominantly driven by a solid business risk profile, with cost-efficient hydropower production, and an improving financial risk profile supported by higher power prices and asset divestitures.
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