We have assigned a new management and governance (M&G) assessment of neutral to Eneco N.V. This follows the Jan. 7, 2024, publication of S&P Global Ratings' revised criteria for evaluating the credit risks presented by an entity's management and governance (M&G) framework, "Management And Governance Credit Factors For Corporate Entities." Our 'A-/A-2' long- and short-term ratings on Eneco remain unchanged following the assignment of the new M&G assessment. S&P Global Ratings today assigned a new M&G modifier assessment of neutral to Netherlands-based Eneco N.V. The action follows the revision to our criteria for evaluating the credit risks presented by an entity's management and governance framework. The terms management and governance encompass the broad range of oversight and direction conducted by
