Gansu Province Electric Power Invt. Gp.: New issuer - First-time assignment of Baa3 issuer rating

Moody's Ratings affirms Gansu Power's Baa3 issuer rating - Rating Action – 2024/04/17 – Free – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Moody's Ratings affirms Gansu Power's Baa3 issuer rating (Chinese) - Rating Action – 2024/04/17 – Free – ... " https://ratings.moodys.com " ( ) / https://ratings.moodys.com () / https://ratings.moodys.com https://ratings.moodys.com () https://ratings.moodys.com https://ratings.moodys.com / ...

Gansu Province Electric Power Invt. Gp.: Update to credit analysis - Credit Opinion – 2023/09/28 – US$ 250.00 – ...Gansu Province Electric Power Investment Group Co., Ltd.'s (Gansu Power) Baa3 issuer rating combines the company's Baseline Credit Assessment (BCA) of ba3 and a three-notch rating uplift based on our assessment of Gansu Power's "high" likelihood of support from, and "high" level of dependence on, the Gansu provincial government and ultimately the Government of China (A1 stable), in times of need. Gansu Power's ba3 BCA highlights the company's market position in the province's power sector, diversified fuel mix and improving operating performance supported by favorable policies on renewables. However, the BCA is constrained by Gansu Power's lower average profit margin because of market-based power sales, its exposure to coal and the challenges in renewables operations. One of the key credit challenges is Gansu Power's weak financial metrics as a result of the company's large capital spending and increased fuel costs. Our assessment of a high likelihood of support reflects Gansu Power's strategic...

Gansu Province Electric Power Invt. Gp.: Update to credit analysis - Credit Opinion – 2022/09/30 – US$ 250.00 – ...Gansu Province Electric Power Investment Group Co., Ltd.'s (Gansu Power) Baa3 issuer rating combines the company's Baseline Credit Assessment (BCA) of ba3 and a three-notch rating uplift based on our assessment of Gansu Power's "high" likelihood of support from, and "high" level of dependence on, the Gansu provincial government and ultimately the Government of China (A1 stable), in times of need. Gansu Power's ba3 BCA highlights the company's market position in the province's power sector, diversified fuel mix and improving operating performance supported by favorable policies on renewables. However, the BCA is constrained by Gansu Power's lower average profit margin because of market-based power sales, its exposure to coal and the challenges in renewables operations. One of the key credit challenges is Gansu Power's weak financial metrics as a result of the company's large capital spending and increased fuel costs. Our assessment of a high likelihood of support reflects Gansu Power's strategic...

Moody's assigns first-time Baa3 ratings to Gansu Power; outlook stable - Rating Action – 2021/09/23 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Moodys assigns first-time Baa3 ratings to Gansu Power; outlook stable (Chinese) - Rating Action – 2021/09/23 – US$ 180.00 – ¬ 2021 (Moody's Corporation) (Moody's Investors Service, Inc.) Moody's Analytics, Inc./("") / "" "" Moody's Analytics, Inc / () (benchmark) "" () (a) (b) ( ) ("MCO") () 1,000 2,700,000 MCO MCO MCO...