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Our Credit Rating

A strong credit rating is important to ESB to ensure necessary financial flexibility to support our Net Zero by 2040 strategy.

ESB has 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 (Stable Outlook)

A- (Stable Outlook)

Agency

Moody's

Standard & Poor's

Date of Issue12 July 202328 July 2023

 

Analyst Information

ESB Credit rating

Moody's

Standard & Poor's

Lead Analysts

Phil Cope

E: phil.cope@moodys.com

T: +44 20 7772 5229

Renata Gottliebova

E: renata.gottliebova@spglobal.com

T: +353 (1) 568 0608

Long Term rating (Outlook)

A3 

(Stable)

A-

(Stable)

Short Term Rating

P-2

A-2

Senior Unsecured Rating

A3

A-

Northern Ireland Electricity Limited

Not Rated

BBB+/Stable/A-2

 

Ratings Reports

Standard & Poor's

W: www.standardandpoors.com

S&P Credit Report July 23
PDF | 1MB

Moody's

W: www.moodys.com

Moody's Credit Opinion - ESB July 2023
PDF | 1MB
Moody's comment on ESB Price Review 5 Determination
PDF | 1MB