S reaffirms Mighty River Power’s BBB+ corporate credit rating
Ratings agency Standard & Poor’s has confirmed Mighty River Power’s corporate credit rating as BBB+/Stable in a report based on the updated
Global Ratings Criteria and Methodology.
Mighty River Power CFO, William Meek, said it was pleasing to have the Company’s credit rating reaffirmed by S, with particular acknowledgment of Mighty River Power’s integrated business model along with the improved portfolio
resilience from the addition of base-load geothermal – which now makes up more than 40% of annual electricity
generation.
ENDS.