(Bloomberg) -- Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources. Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners and Losers From a Year of Ranking Covid ResilienceAn Arab City’s Booming Art Scene Is Also a Grab at Soft PowerThe strategy indicates a 6% inc
First and foremost, ESG – environmental, social and governance – has recently crystallized to be one of the most important factors for private and institutional investors. No investment bank or asset management institute publicly states to neglect ESG criteria in order to maximize their return on investment. Icons like Bill Gates sold all their investment […]
Rating Action: Moody's assigns Ba1/Aaa.br ratings to Eletropaulo's debenturesGlobal Credit Research - 19 Apr 2021Sao Paulo, April 19, 2021 -- Moody´s América Latina ("Moody´s") assigned rating Ba1 on global scale and Aaa.br on the Brazilian National Scale to the proposed issuance of BRL720 million senior unsecured debentures by Eletropaulo Metropolitana de Eletricidade de São Paulo S.A. (Eletropaulo) with final maturity in 2031. Should issuance conditions and/or final documentation deviate from the original ones submitted and reviewed by the rating agency, Moody's will assess the impact that these differences may have on the ratings and act accordingly.RATINGS RATIONALEThe Ba1/Aaa.br ratings assigned are in line with Eletropaulo's corporate family ratings (CFR) and reflect our view that the new debentures rank equal to Eletropaulo's outstanding senior unsecured debt.