Our Credit Rating
A strong credit rating is important to ESB to ensure necessary financial flexibility to support our Net Zero by 2040 strategy. We have credit ratings from Moody’s and Standard and Poor’s and this rating ensures necessary predictability when it comes to funding access to relevant capital markets at favourable terms and conditions.
The credit ratings allocated to ESB by the Rating Agencies are as follows;
Credit Rating | A3 (Positive Outlook) | A- (Positive Outlook) |
Agency | Moody's | Standard & Poor's |
| Date of Issue | 18 September 2024 | 22 November 2024 |
Analyst Information
ESB Credit rating | Moody's | Standard & Poor's |
Lead Analysts | Phil Cope T: +44 20 7772 5229 | Emeline Vinot T: +33622529577 |
Long Term rating (Outlook) | A3 (Positive Outlook) | A- (Positive) |
Short Term Rating | P-2 | A-2 |
Senior Unsecured Rating | A3 | A- |
Northern Ireland Electricity Limited | Not Rated | BBB+/Stable/A-2 |
Standard and Poor's Global Ratings Press Release - Ratings change outlook from stable to positive
PDF | 0.15MB
Moody's