Teksan Jeneratör | Enerji Gazetesi

National Rating of ‘Maspo Energy’ Upgraded to BBB Level

Kategori : ELECTRICITY ENERGY NEWS, ENERGY AGENDA NEWS, GEOTHERMAL ENERGY NEWS - Tarih : 30 June 2021


JCR Eurasia Rating upgraded Maspo Energy’s national credit rating from BBB- to BBB, while affirming its international rating at BB. In the evaluation made on the basis of the financial data of 2020, the credit rating of Maspo Energy; Profitability, development potential, corporate governance standards, debt repayment capacity were determined as investment grade.

Maspo Energy, one of the companies of the Gürmen Group, upgraded its national rating from BBB- to BBB from the international credit rating agency JCR Eurasia Rating. In the rating, the revenue increase created by Maspo Energy by quadrupling its total capacity with the Ala-2 power plant, which became operational in 2019, was taken into account. In addition, its international rating was determined at BB level in line with Turkey’s rating. Maspo Energy continues to be in the investment grade category as a result of the evaluation.

Maspo Energy; The new phase planned with the effect of rating upgrade will facilitate access to attractive financial resources for investments. The company will continue its profitable growth in geothermal energy by utilizing renewable resources in line with its sustainability vision.


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