Announcements

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      Scope affirms Encavis AG's BBB- issuer rating and revises the Outlook to Stable

      19/7/2024 Rating announcement EN

      Scope affirms Encavis AG's BBB- issuer rating and revises the Outlook to Stable

      Pressure on credit metrics from moderating power prices and further acceleration of the company’s growth strategy is partly offset by potential support from new shareholders.

      Scope affirms Encavis AG’s BBB-/Positive issuer rating

      27/7/2023 Rating announcement EN

      Scope affirms Encavis AG’s BBB-/Positive issuer rating

      The rating action reflects Scope’s expectation that Encavis will keep its credit metrics under control while carrying out its accelerated growth strategy.

      Scope affirms Encavis AG’s BBB- issuer rating, revises Outlook to Positive

      12/9/2022 Rating announcement EN

      Scope affirms Encavis AG’s BBB- issuer rating, revises Outlook to Positive

      The rating action reflects the significant strengthening in credit metrics paired with gradually improving diversification that has more than offset the decreasing exposure to regulated power generation.

      Scope affirms its BBB-/Stable issuer rating on Encavis AG

      1/10/2021 Rating announcement EN

      Scope affirms its BBB-/Stable issuer rating on Encavis AG

      The affirmation reflects Scope’s unchanged view on Encavis’ largely protected business model, paired with the company’s continuously improving diversification and gradually strengthening credit metrics.

      Scope affirms its BBB-/Stable issuer rating on Encavis AG

      1/10/2020 Rating announcement EN

      Scope affirms its BBB-/Stable issuer rating on Encavis AG

      The affirmation reflects Scope’s view on Encavis’ protected business model, continuously improving diversification and robust debt protection and liquidity.

      New analysis on Encavis AG

      6/3/2020 Monitoring note EN

      New analysis on Encavis AG

      Scope Ratings has updated its rating report on Encavis AG, rated BBB-/Stable.

      Scope affirms and publishes Encavis’ BBB-/Stable/S-2 issuer rating

      18/3/2019 Rating announcement EN

      Scope affirms and publishes Encavis’ BBB-/Stable/S-2 issuer rating

      The issuer rating reflects Scope Ratings’ view on Encavis’ protected business model, continuously improving diversification and high leverage which however is strongly driven by non-recourse debt on the project level.