trending Market Intelligence /marketintelligence/en/news-insights/trending/g0jAaQASyjLOIKL1uy7XZQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch downgrades Saudi Electricity to A-

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Fitch downgrades Saudi Electricity to A-

Fitch Ratings downgraded Saudi Electricity Co.'s long-term issuer default and senior unsecured ratings to A- from A, with a stable outlook, following a sovereign downgrade on Saudi Arabia.

The rating agency considers the Saudi government's ownership and control of Saudi Electricity as strong, with the sovereign owning an 81% indirect holding in the utility company. The Saudi government has significant influence on the company's strategic and investment plans and operational activities, Fitch added.

A positive sovereign ratings action on Saudi Arabia would also result in a ratings upgrade for Saudi Electricity. However, a significant change in the state utility's operational structure that results in weaker links with the kingdom, as well as introduction of competition without Saudi Electricity fully recovering investments alongside lessened government support, will result in a downgrade, Fitch said.