Fitch affirms INTER RAO UES global credit rating

Марта 15, 2013

Fitch Ratings has affirmed INTER RAO UES Group’s global credit rating of BB+, outlook stable, on the global scale and AA (rus) on the national scale (the rating was assigned in March, 2012). The agency stressed the steadiness of the Group’s credit quality and state support.

"Affirmation of the credit rating assigned in 2012 by one of the top global agencies is the result of the efforts to improve investors informing, development of financial accounting and management systemб streamlining the Group’s borrowings structure and keeping the debt service costs low," - said Dmitry PALUNIN, Member of the Management Board and CFO of JSC INTER RAO UES.

INTER RAO UES Group is a diversified energy holding operating in various segments of Russian and international electric power industry. INTER RAO UES is a leading Russian exporter and importer of electric energy actively increasing electricity generation and sales, and developing new lines of business. INTER RAO UES focuses its corporate strategy on making the company a global energy enterprise and a key player in the international energy market. INTER RAO UES Group owns and operates approximately 33.5 GW of installed power generation capacity.