The rating agency Fitch confirmed to Alperia SpA the long-term rating at the BBB level, with a stable outlook‘. The confirmation of the rating takes into account the update of the One Vision 2020-24 business plan approved by the bodies of Alperia at the end of last year, which redefined the strategic priorities and financial policy (net debt / maximum EBITDA of 2.5xebitda) , in light of the unexpected market scenario that is confirming itself for energy operators. The further impacts of the Sostegni ter dl, currently under discussion in Parliament, have been assessed by the agency and reflected in its models.
The stable outlook mainly reflects the expectations of a solid operating performance and the fact that funds from operations adjusted by Alperia (Ffo) will remain within the thresholds of the current rating until 2024.
“The confirmation of our rating in a market and regulatory context such as the current one is a further demonstration of the quality of Alper’s assetsia and the ability of Management and Boards to be able to modify and adapt their investment decisions in a timely manner to adapt to rapidly changing scenarios “, underlines Johann Wohlfarter, the CEO of Alperia. Alperia is evaluated in a ‘standalone’ way, but the presence of the reference shareholder, the Autonomous Province of Bolzano is considered positive for the overall business profile of the company.
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