Expert RA rating agency has confirmed the credit rating of EnergoTechService

On February 18, 2022, Expert RA, the largest and oldest rating agency in Russia, issued a press release confirming our company's credit rating at ruA- with a stable outlook. The credit rating is assigned according to the Russian national scale and is long-term. For the first time, our rating was assessed by Expert RA exactly a year ago, on February 18, 2021.

The Agency, having carefully studied the business profile of our company and the state of the distributed energy market, positively assessed the level of our stability and identified strong competitive positions. The rating agency's analysts gave a positive assessment to liquidity indicators, profitability factors and debt load. “The corporate risk block was positively assessed by the agency due to the high quality of strategic support, risk management and a transparent ownership structure,” the report says. As in 2021, the agency noted our information transparency.

The full text of the press release can be found on Expert RA rating agency's website at https://www.raexpert.ru/releases/2022/feb18d.