穆迪上調華潤電力(00836.HK)評級至「Baa1」 展望維持穩定
評級機構穆迪將華潤電力(00836.HK)發行人評級從「Baa2」上調至「Baa1」,展望維持穩定,反映穆迪預計未來12至18個月華潤電力的信貸質量及監管環境將保持穩定,並持續獲母公司華潤集團及政府間接提供同等水平的支持。
穆迪副總裁兼高級分析師吳家榮表示,此次評級上調主要由於華潤電力對華潤集團及政府的戰略重要性日益上升,認為該公司在能源轉型和減碳策略中將發揮作用。
評級上調亦考慮到華潤電力對再生能源的持續投資,以及從純燃煤發電企業向更為多元化的電力企業成功轉型。穆迪指出,潤電總裝置容量中再生能源的佔比持續增加,從2014年底的12%升至去年底的32%,並有望至2025年佔權益總裝置容量約50%。
穆迪預測華潤電力今明兩年每年資本開支達500億元,當中大部分將用於擴大其可再生能源容量,而未來兩年營運資金對負債比率預期將維持在12%至14%水平。
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