Press Release

AA(tur) ratings with stable outlooks affirmed for Enerjisa Enerji A.Ş. and Başkent EDAŞ

International credit rating agency Fitch Ratings has affirmed Enerjisa Enerji AS (Enerjisa) and one of its main electricity distribution subsidiaries Baskent Elektrik Dagitim A.S.'s (Baskent) National Long-Term Ratings at 'AA(tur)' with Stable Outlooks.

 

According to Fitch, Enerjisa Enerji A.Ş and Başkent EDAŞ benefit from regulated earnings, attractive real returns and limited FX exposures. Fitch stated that these drivers provide visibility and represent a relative strength under current economic environment.

Following the rating publication Sascha Bibert, CFO of EnerjiSA Enerji A.Ş. said: ‘We will continue to operate our business based upon a sound balance sheet, allowing us to generate longlasting performance for our customers and investors alike’.

 

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