Credit rating


SSE plc guarantees the obligations of SSE Energy Supply Ltd and SSE Generation Ltd as defined in accordance with the Deeds of Guarantee.

Credit rating agency Issuer rating Date of issue
Moody's A3   Review for downgrade 24 September 2018
Standard & Poor's A-   Negative watch 19 September 2018
Fitch* BBB+   Stable outlook 22 September 2017

* unsolicited

SSE believes that its ongoing commitment to a strong balance sheet, its high quality portfolio of assets and increasing focus on economically-regulated energy networks and renewable sources of energy means it can and will engage constructively with S&P in the coming months, following the agency’s decision to place SSE’s A-/Stable rating on negative watch; and that is what it will do.