Fitch confirms Enel’s long-term rating at “BBB+” and short-term rating at “F-2”, outlook “stable”

Rome, January 30th, 2024 – Fitch Ratings, Inc. (“Fitch”) announced today that it affirmed the long-term credit rating of Enel S.p.A. (“Enel” or the “Company”) at “BBB+”. The agency also maintained the short-term credit rating for Enel at “F-2”. The outlook remains “stable”.

Fitch’s rating confirmation mainly reflects the Company’s good operating performance in 2023 as well as the actions outlined in its 2024-2026 Strategic Plan. Furthermore, the agency expects the Group’s financial profile to benefit from the greater focus of investments in the regulated business, especially in Italy, from the operational efficiencies and the priority placed on improving the profitability of renewable assets, which will foster EBITDA growth as well as cash flow generation.

Fitch - ENG

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022. 

From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.