This publication does not constitute a rating action.

No action was taken on the senior notes issued by Gode Wind 1 Investor Holding GmbH. Performance in 2024 was satisfactory, and the projected deterioration in the short-term DSCR is offset by reserves and the robust PLCR.

No action has been taken on A- credit rating to the EUR 815.0m Senior notes issued by Borkum Riffgrund 2 Investor Holding GmbH, maturing in 2028.

No action has been taken on the rating for the senior notes issued by Blauracke GmbH.

No action has been taken on the rating for the senior unsecured bonds issued by PolSolar Kft. maturing in April 2037. The bonds have financed the construction of five greenfield photovoltaic plants in Hungary.

No action has been taken on the rating for the senior unsecured bonds issued by PolSolar Kft. maturing in April 2037. The bonds have financed the construction of five greenfield photovoltaic plants in Hungary.

Scope Ratings has today affirmed the BBB rating of the USD 84.5m Class A1 securities issued by Virtuo Finance SARL, maturing in 2041. The financing covers six operational photovoltaic power plants with a total capacity of 300MW located near Benban, Egypt.

No action was taken on the senior notes issued by Gode Wind 1 Investor Holding GmbH. Generation and revenues were in line with our rating case, and the reported DSCR was robust. There are no material changes to the forecast ratios.

Scope Ratings has updated its rating report on the senior notes issued by Borkum Riffgrund 2 Investor Holding GmbH.

No action was taken on the senior notes issued by Borkum Riffgrund 2 Investor Holding GmbH. The 2022 credit metrics remain robust, benefiting from higher than expected energy production and exceptionally high energy prices.