The international rating agency Standard & Poor’s upgraded the long-term credit rating of IDGC of Centre, PJSC

On 8 February 2018, the international rating agency Standard & Poor’s upgraded the long-term credit rating of IDGC of Centre, PJSC from "BB-" to "BB", with a "Stable" outlook. In addition, the agency confirmed the short-term rating of IDGC of Centre at the level of "B".

The assigned rating reflects expectations of the company’s support from the parent company, the state-controlled company Rosseti, taking into account the "moderately" strategic importance of IDGC of Centre for Group of Companies "Rosseti".

According to S&P, the Company has sustained results in its core business, and Rosseti has been working for a long time as a consolidated group and has strengthened coordination and support mechanisms within the group, has sufficient independence and financial resources, can receive state support and redirect it into daughter structures.