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NEXUS ENERGIA SA

Type of ratings: Corporate

Rating value: BB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

EthiFinance Ratings affirms Nexus Energía's "BB+" rating, maintaining its Stable outlook . Nexus Energía, S.A. is a specialized group in the energy sector as a representative agent and a comprehensive supplier of electricity, natural gas and services aimed at households, SMEs and large companies. The group achieved a turnover of € 2,357MM and EBITDA of € 16.1MM in 2021 (€ 893MM and € 6.7MM in 2020), which managed an energy volume of 13.7TWh (+7.0% YoY) and a net financial debt in negative values in 2021.

Ratings

Rating action: Affirmed

Action date: 2023-05-05

Date last rating: 2023-05-05

Date first rating: 2017-07-07

Documents

Executive summary:

Methodologies

Corporate Rating Methodology

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