The affirmation reflects Eidsiva’s continued competitive strength as Norway’s largest distribution grid operator, its low industry risk, and projected substantial capex and dividend payouts.

The affirmation reflects the company’s continued competitive strength as Norway’s largest distribution grid operator, its low industry risk, and Scope’s projections of continued substantial capex and dividend payouts.

Business risks are low and stable, but the high capex and dividends will result in a sizeable increase in debt in the next few years.