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![Lyse's telecoms business helps mitigate negative effects of lower power prices](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_e2fa7e0e3d60093cc4f1455210a83343eb1b45bcb998b8b46bd68d80350d7e70.jpg)
5/5/2020 Monitoring note EN
Lyse's telecoms business helps mitigate negative effects of lower power prices
The updated analysis is based on 2019 annual results as well as Scope's medium-term expectations of the effects of lower electricity prices in the Nordics in 2020, a trend which already began before the Covid-19 outbreak.
![Scope affirms Norwegian utility Lyse at BBB+, Stable Outlook](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_00e265ebf5d4278f7a70e94b7ef92864e476d0f8230edade7b034fae835721a0.jpg)
9/5/2019 Rating announcement EN
Scope affirms Norwegian utility Lyse at BBB+, Stable Outlook
The affirmation is driven by a strong 2018 result, with record-high power production and notable develeveraging, coupled with Scope's anticipation of 2019 credit metrics being influenced by continued high investment and lower production.