Fitch Ratings Agency has confirmed the BBB investment grade rating for IREN with a stable outlook. The assessment is mainly based on the update of the business plan to 2024, which, in continuity with previous years, confirms the prevalence of regulated and quasi-regulated activities, over 70% of EBITDA, by the end of the plan.
Investors
Fitch confirms Iren “investment grade” rating at BBB with stable outlook
Fitch confirms Iren “investment grade” rating at BBB with stable outlook
27 Jan 2020
Fitch also positively assesses the strengthening of the Group’s financial ratios and liquidity profile.
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