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![Scope assigns BBB/Stable issuer rating to Nordkraft](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_0232939da8a997014bdbf3423148ee1236a583d16efea8022eeb4930773e20f6.jpg)
19/8/2024 Rating announcement EN
Scope assigns BBB/Stable issuer rating to Nordkraft
The rating reflects Nordkraft’s good business risk profile, supported by diversified exposure to power distribution and low-cost hydropower generation, as well as government-related entity status. A moderate financial risk profile constrains the rating.