Moody's Investors Service has today affirmed SSE's senior credit rating of A3. At the same time the rating agency has changed SSE's outlook from negative to stable. The change in outlook reflects SSE’s resilience through the recent decline in commodity prices and Moody’s view of diminishing uncertainties.
Gregor Alexander, Finance Director of SSE, said:
"SSE is pleased with the affirmation of SSE’s A3 rating and change to its outlook. SSE has a long history of financial strength and discipline and our financial management is designed to maintain that. With a balanced business and a clearly-defined and well-financed capital investment programme, we believe SSE is and will remain a financially-strong, long term business.”