Vattenfall AB - S&P Global Ratings’ Credit Research

Vattenfall AB

Vattenfall AB - S&P Global Ratings’ Credit Research
Vattenfall AB
Published Jul 04, 2024
19 pages (8110 words) — Published Jul 04, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Leading position in the Swedish power generation market, supported by a large fossil-free generation fleet, though flexible low-cost hydropower generation (11.5 gigawatt) and nuclear plants (5.5 GW). A large part of Vattenfall's generation is in areas with structurally lower prices than average Nordic prices (SYS); achieved power prices of €49/ megawatt hour (MWh during Q1 2024 are therefore still low compared with Nord Pool SYS (55.44/MWh) and of peers. Good positioned in the energy transition, with a clear strategy to reach net zero. This supports Vattenfall's environmental and fossil-free strategy and ability to benefit from the energy transition. Margin call requirement to remain a source of large working capital volatility. In 2023, it amounted to

  
Brief Excerpt:

...September 16, 2024 (Editor's note: This full analysis, originally published July 4, 2024, was republished on Sept. 16, 2024, to correct a misstated FFO to debt ratio in the Upside scenario of Outlook.)...

  
Report Type:

Full Report

Ticker
VATT@SS
Issuer
Vattenfall AB
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Sweden
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Vattenfall AB" Jul 04, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Vattenfall-AB-3250372>
  
APA:
S&P Global Ratings’ Credit Research. (). Vattenfall AB Jul 04, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Vattenfall-AB-3250372>
  
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